Kelly Grace

The Latest in Tech and Media Advancements

The world of technology and media is rapidly evolving, with companies constantly seeking new ways to innovate and stay ahead of the curve. In this week’s Friday Five, we take a closer look at some exciting developments in the industry. From The New York Times’s digital growth strategy to ChatGPT’s latest subscription service, and from the Cambridge University Press’ move towards full open access. However, with these advancements come questions about privacy, ethics, and the future of traditional supply chain models. 

The New York Times Boosts Revenue with Digital Growth

The New York Times reported a 4.3% increase in revenue for Q4 2022, driven by growth in its digital advertising and subscription businesses. The company plans to expand its audio and virtual reality initiatives and international coverage, despite concerns about the future of the newspaper industry and declining stock prices. Read the article.

OpenAI Unveils ChatGPT Plus

OpenAI has launched a subscription service called "ChatGPT Plus" offering an advanced version of its popular language model, ChatGPT, with improved speed and accuracy and the ability to perform more complex tasks. The subscription service is aimed at businesses looking to integrate cutting-edge AI technology and follows the growing trend of AI companies offering subscription-based services to monetize their technology and make it more accessible. Read the article.

Privacy and Ethics Questions with ChatGPT Technology

Microsoft is investigating the utilization of Bing, powered by ChatGPT, to create personalized advertising experiences and a better target audience. However, this new advertising approach also raises concerns about the privacy and transparency of data usage in the training of AI models and the ethical considerations of utilizing AI-generated content in advertising. Read the article

Cambridge University Press Aims for Full Open Access by 2025

Cambridge University Press plans to achieve full open access for all its journals by 2025, making research freely available through various models. This move aims to increase the visibility of its research and contribute to a more equitable scholarly publishing system. Read the article

The Rise of Data-Drive Networks in Media

InPublishing explores how the media industry is shifting away from traditional supply chain models and towards data-driven networks to improve collaboration and provide more personalized experiences for consumers. Read the article

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