Crypto Journalists Secure New Contract Against AI Intrusion
If you are a crypto journalist, you would be happy to learn that journalists from Mashable, PCMag, and Lifehacker recently scored a significant victory against the encroachment of artificial intelligence (AI). However, here are the key takeaways from the new contract that these journalists have secured against AI intrusion:
Contract Details
- Guaranteed job security and no loss of pay to generative AI
- Salary floor set at $65,000 with retroactive annual increases
- Formation of a new AI subcommittee for technology evaluation
When negotiating the deal, the 62-member Ziff Davis Creators Guild representing the journalists struck a pivotal agreement with Ziff Davis, the media powerhouse owning multiple technology, health, entertainment, and shopping brands. Furthermore, the agreement ensures:
Salary Adjustments
- 3% guaranteed increase with 1% merit increase in the first year
- 3% guaranteed increase with 0.5% merit increase in the second year
- 2.5% guaranteed increase with 1% merit increase in the third year
Aside from financial benefits, the new contract safeguards journalists from the threat of losing their jobs to generative AI. It also grants them a voice in the deployment of AI technologies:
Journalistic Protection
- Establishment of an AI subcommittee for technology assessment
- Involvement in decisions regarding the implementation of generative AI
Members of the News Guild-CWA are set to vote on the ratification of the deal on July 24. The victory achieved by the journalists illustrates the power of collective action and negotiation.
Hot Take: Stay Informed and Empowered
As a crypto enthusiast, staying informed and empowered is crucial in navigating the evolving landscape of technology and journalism. By understanding the implications of AI integration, you can better prepare for the future of media.