SoatDev IT Consulting
SoatDev IT Consulting
  • About us
  • Expertise
  • Services
  • How it works
  • Contact Us
  • News
  • August 6, 2023
  • Rss Fetcher

Thomson Reuters is a venerable news and information organization, with its historical roots stretching all the way back to the 19th century. The two companies merged in 2008 and provide a combination of news and specialized information in areas like law, trade and accounting.

The organization processes a ton of information every year, relying on a staff of 27,000 subject experts and journalists around the world to generate a variety of content. As generative AI has emerged in recent months, it would surely be tempting to use it in the newsroom, as other news organizations have done, and see this capability as an opportunity to reduce staff, cut costs and automate, automate, automate.

While the company sees the benefits of AI for both its employees and customers, it is not in the worker replacement camp, at least not yet. Instead, it sees AI as a way to help customers find information faster, and help its employees operate more efficiently, removing the mundane parts of the job so people can do what they do best.

It would be easy to think that an organization as old as Thomson Reuters would simply dismiss technology like generative AI, but the company tells TechCrunch+ that it is all in when it comes to the latest technology, as it looks for ways to improve and modernize its operations.

The people part

Chief people pfficer Mary Alice Vuicic, says Thomson Reuters sees automation as only part of the story, and if you concentrate on that, you may miss some of AI’s biggest benefits.

“We think AI is a phenomenal opportunity for the professionals we serve through our products, and equally internally for our colleagues,” Vuicic told TechCrunch+. “We think it’s a tool for augmenting the potential of our colleagues in new ways, helping them do work better, faster, more effectively.”

That said, she also recognizes that large language models (LLMs) do not always provide perfect answers, and Thomson Reuters is already relying on internal expertise to help correct the models.

Previous Post
Next Post

Recent Posts

  • Sage Unveils AI Trust Label to Empower SMB’s
  • How African Startups Are Attracting Global Fintech Funding
  • After its data was wiped, KiranaPro’s co-founder cannot rule out an external hack
  • Meet the Finalists: VivaTech’s 5 Most Visionary Startups of 2025
  • Trump fast-tracks supersonic travel, amid spate of flight-related executive orders

Categories

  • Industry News
  • Programming
  • RSS Fetched Articles
  • Uncategorized

Archives

  • June 2025
  • May 2025
  • April 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023

Tap into the power of Microservices, MVC Architecture, Cloud, Containers, UML, and Scrum methodologies to bolster your project planning, execution, and application development processes.

Solutions

  • IT Consultation
  • Agile Transformation
  • Software Development
  • DevOps & CI/CD

Regions Covered

  • Montreal
  • New York
  • Paris
  • Mauritius
  • Abidjan
  • Dakar

Subscribe to Newsletter

Join our monthly newsletter subscribers to get the latest news and insights.

© Copyright 2023. All Rights Reserved by Soatdev IT Consulting Inc.