Pakistan has introduced the first-ever business robot journalist, Dante, who is capable of doing sports and weather reporting, and publishes a comprehensive report on stocks traded at the Pakistan Stock Exchange within a few seconds after the market’s closure. Later, it will be equipped to report on other sectors like health, education and culture. The CEO base Technologies, Anisuddin Sheikh said Dante, had been writing the reports for the past few days.
While referring to the b enefits of robots, it is stated that It could also help experts and analysts take better decisions and reduce their workload significantly. “The Pakistan Stock Exchange is closed at 3:30pm (from Monday to Thursday and at 4:30pm on Friday) and it gets the daily report published before it is 3:31pm,” said the award-winning tech startup, baseH Technologies, Founder and CEO Anisuddin Sheikh.
“We have advanced talks with three big media houses in Pakistan for deployment of the AI technology,” the startup founder said. “The report is free from human errors and unbiased,” he claimed. “Media houses may feed their editorial policies to the content-writing software before generating such reports.” “The Robot Journalist writes the report after taking into account the related fundamental analytics, technical information (like graphs and charts) and gauging prevailing sentiments. It also takes into account the development taking place on social media, irrespective of whether the development is true or not to gauge the sentiment,” he said.
“It will cut the cost by 10 times and improve efficiency by 400 times,” said baseH co-founder and financial-sector expert Khurram Schehzad. “Around five to six financial companies are ready to deploy the software,” he said.
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17 November, 2019