Home » Disruptive Innovation » Narrative Science Raises $10 Million More for Its Automated Writing Software

Narrative Science Raises $10 Million More for Its Automated Writing Software

29 November 2014

From re/code:

Most funding stories are more or less the same, which is why Re/code tries to avoid most of them: Company raises X amount of money, from Y companies, to do Z thing. Repeat.

And that’s precisely the kind of thing that Narrative Science can now do without any humans at all: The Chicago-based company’s software can sift through big piles of data and automatically create stories on its own.

Some of them you might encounter on the Web: Forbes, for instance, uses Narrative Science to create earnings previews and reports.

But while Narrative Science originally got a lot of attention from journalists (like me) who wondered if it might replace journalists (like me), the bulk of the company’s work now comes from corporate customers, who use it to create internal reports for employees and customers.

Link to the rest at re/code and thanks to Joshua for the tip.

Disruptive Innovation

3 Comments to “Narrative Science Raises $10 Million More for Its Automated Writing Software”

  1. “…the bulk of the company’s work now comes from corporate customers, who use it to create internal reports for employees and customers.”

    Which nobody will read anyway, so no big deal. 🙂

  2. I’ve heard that a fair amount of sports reporting is written by machine nowadays.

    It’s not quality sportswriting, of course, but generic summaries (which is all most games get anyway).

    It’s almost certainly easier to generate an automated story about a game with fixed rules than one about an open-ended world. An algorithm that can crank out out “Bloggs hit a three-run homer in the 8th to take the score to 7-2.” starting from the raw game statistics isn’t that hard.

    The same idea no doubt applies to the corporate reports.

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