Thad McIlroy

The Future of Publishing

Blog by Thad McIlroy

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April 7th, 2024

Could the AI Industry Implode?

The storm clouds surrounding artificial intelligence, both as a technology and as an industry, continue to darken, and I can now imagine a scenario where the AI industry implodes. What the implosion could look like is difficult to visualize. But there would be significant implications for the publishing industry. AI’s champions still have much to…

July 26th, 2023

Improved Productivity is the Reason Publishers Must Adopt AI

Yesterday Lagardère Publishing released its six-month financial data. Sales declined at Hachette Book Group by 8.6%. In its earnings release the company said that “operational efficiency plans, particularly in the United States,” mitigated some of the impact of revenue declines. In May, HarperCollins reported flat sales and profits declines, “driven by ongoing supply chain, inventory…

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