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 threadramblingsteve
@JulianOliver I love the logic of pivoting to slop, stock tanks, lay off all the writers to cut costs, stock tanks harder, go bust, move to launching slop startups 🤦‍♂️ they just can't see the common denominator.
Mar 14 at 9:11amWeb