September 8, 2024
Tech News
Disney and DirecTV are currently negotiating a new carriage deal, resulting in a blackout of Disney channels for DirecTV customers as the NFL season begins. Both companies are exchanging accusations, highlighting the ongoing tension in the media landscape. Disney is directing affected viewers to alternative services, while DirecTV is offering credits to customers who subscribe to competing services.
Generative AI (GenAI) is being recognized as a transformative force in business automation, according to UiPath’s Asia VP, Jess O’Reilly. The integration of GenAI with automation can significantly enhance productivity and efficiency in organizations. O’Reilly emphasizes the importance of combining GenAI with existing business processes and highlights successful case studies, while also addressing the ethical considerations and challenges faced by small to medium enterprises in adopting this technology.
The telecommunications industry is at a critical juncture, facing declining profitability and stagnant revenue growth. Dr. Vincenzo Basilem from Arthur D. Little emphasizes the need for telcos to overhaul their business models to remain competitive. He outlines the challenges posed by market saturation, high competition, and the necessity for substantial capital investments in infrastructure, urging telcos to explore new revenue streams and leverage AI and machine learning for operational efficiency.
Tech Explained
Carriage Dispute – A conflict between content providers and distributors over broadcasting fees, often leading to service blackouts, as seen in the ongoing dispute between Disney and DirecTV.
Generative AI (GenAI) – Refers to a type of AI that can generate new data samples from existing data. GenAI is being recognized as a transformative force in business automation.
Telecommunications industry – Refers to the sector of the economy that provides telecommunications services. The industry is facing declining profitability and stagnant revenue growth.
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