Kevin BeaumontMar 14

Buzzfeed journey:

- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in business

https://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-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
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@GossiTheDog I wish that the "We replaced people interested in creating value with people interested in cutting costs" where an isolated incident at a marginally relevant company; not a eulogy for a surprising percentage of the early 21st century.
Mar 14 at 5:29pmWeb