Julian OliverMar 14

Buzzfeed's shares go from $15 to 70 cents, now approaching bankruptcy, seemingly as a result of going all-in on 'AI' generated content.

This emerging pattern does not speak to a wicked problem. Rather, it should be no surprise that people don't want to read machine-generated content that outwardly pretends to come from a person. Because it is innately &intrinsically deceptive, which people do not like, so ending trust that will be very hard to win back. If at all

https://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai

#ai

BuzzFeed Nearing Bankruptcy After Disastrous Turn Toward AI

Three years after its pivot to AI, the writing is on the wall for BuzzFeed. The company said there's "substantial doubt" it can keep going.

Futurism
Show threadsaxnotMar 14
@JulianOliver that's so sad so see! Buzzfeed did award winning journalism (despite the jokes we do about it) and seeing it run into the ground is sad
Show threadJeri Dansky
@saxnot That was my reaction, too. BuzzFeed News was amazing, once upon a time.
Mar 14 at 6:20amWeb
Show threadKatzedecimalMar 14
@jeridansky
And now every article seems to be just regurgitated Xitter posts 😒
@saxnot