Microsoft is replacing dozens of MSN news production workers with AI
seattletimes.com
seattletimes.com
It's already started happening with stories on sports results, which some outlets have already automated with templates and a data feed. It's probably going to happen with entertainment news too, given how many TV/movie/game/book/music related stories are just rewording press releases or posting trailers/advertisements.
And with the kind of tech mentioned in the article, a lot of the BuzzFeed style low effort stories seen on clickbait focused news sites are probably going to go the same way.
So yeah, we'll probably end up with a far smaller media industry in the foreseeable future, and one where eventually, everything except big ticket stories are written by machines rather than people.