“There are also societal benefits to publishing content from one’s own technology. By doing so, important information is spread more quickly. The “alpha” is still there for clients (unless the story is disseminated through the sellside), and it is also contributing to the larger financial ecosystem instead of being captive to just one or two firms. The niche information providers often have a symbiotic relationship with the larger news outlets, having done the technical work that generalists don’t have the expertise or resources to do themselves.
“I’ve written before on the importance of the human element when innovating on various artificial intelligence products and systems. This is why I stress how the mission of a news organization needs to include the aim to be a moral arbiter of the community to which it is publishing. This improves intrinsic motivation for those joining knowing that their company mission is worthwhile, and it serves as a direct protection against conflicts.”
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