How are media companies responding to AI?

January kicked off with a wave of layoffs. But the tech industry is abuzz with a new wave of artificial intelligence summarization tools launched by OpenAI, Meta and Google. These services are making it easier than ever to find the CliffsNotes versions of news stories for free.

But are Google’s new AI Search and Meta’s new chatbot accurate? And what is the future of traditional media outlets if online traffic and ad revenue dries up?