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by blinding-streak 111 days ago
Bloomberg is an interesting news outlet. My whole life I thought of them as purely financial-based reporting. But I've seen lots of lifestyle stuff from them too. And usually well written and interesting angles.

Maybe journalism isn't totally dead yet.
3 comments
hshdhdhj4444 111 days ago
Bloomberg News is at least 2 organizations (and maybe 3+ now).

The original Bloomberg News was purely financial. They then bought Businessweek and published Bloomberg Businessweek but also leveraged the acquisition to build out their general news under the Bloomberg News banner. They’ve had other acquisitions as well to expand their scope. The one I’m particularly interested in is Citylab which means they have probably some of the best urbanism and housing policy related news coverage.

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bpavuk 111 days ago
> Maybe journalism isn't totally dead yet.

it never was, nor will ever be :)

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DaedalusII 111 days ago
they have to start pivoting as their core business model of charging a human being ~$30k USD to access a data terminal is dead with AI.

now instead of having 10 human agents using 10 human terminals that costs $300k you can have 100 AI agents orchestrated into a single terminal that costs $30k

its especially dead because people can begin to develop macros and tools to create alternatives to their system using raw data models, and filters, as well as machine-tools rather than just using transformer models to process reports

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drawfloat 111 days ago
AI agents trawling the web: famously incredibly low latency, sourcing news before it hits social media, and accurate enough to be able to stake multi million dollar trades on.
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DaedalusII 110 days ago
not quite: ai agents accessing the terminal which has the accurate data

you don't need to have large human teams reading the terminals anymore. the human headcount required to consume the bloomberg content is shrinking, not the headcount required to create it

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wolvoleo 111 days ago
Isn't the biggest value of the terminal really more of an exclusive social network than a stock tracker? You basically buy a rolodex with the who's who of business on speed dial.
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hshdhdhj4444 111 days ago
That may be true but it has nothing to do with their news media grow out which has been happening for decades.
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