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Fortune
Fortune
Will Daniel

The CEO of a giant media company just said A.I. is making some journalists obsolete as he plans staff cuts

(Credit: Kay Nietfeld—picture alliance/Getty Images)

It’s starting to look like ChatGPT and its A.I. ilk are going to change digital journalism the way the internet changed the printed newspaper. This week, Mathias Döpfner, the billionaire CEO of German media group Axel Springer—which owns German newspapers Bild and Welt as well as Politico and an 88% stake in Insider, among other properties—said he believes his company’s future lies in A.I. In an internal memo to employees seen by multiple outlets, he announced “significant” job cuts in “production, layout, proofreading, and administration” and warned journalists that the burgeoning tech might take their jobs.

“Artificial intelligence has the potential to make independent journalism better than it ever was—or simply replace it,” he wrote, the Guardian reported Tuesday.

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