Buzzfeed journey:
-
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
@GossiTheDog So building a business based on asking ChatGPT to write about stuff when the only people who want to read whatever slop ChatGPT spits out can instead go ask directly is a failing strategy? Who could have known?
-
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
@GossiTheDog go anti-folk, go broke...
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@mweiss @GossiTheDog I’m just glad to see them dying. Buzzfeed has been garbage for quite a while.
@csgraves @GossiTheDog it has, and that was a function of losing that revenue. Or, rather, was the predictable outcome. They might have chosen to reduce quality as a means of robbing their future even if the revenue didn't drop. Plenty of companies have done that, too. But we never got the chance to find out in this case.
-
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
@GossiTheDog To be fair, buzzfeed was always plagiarizing slop merchants, long before gen"ai" became the flavor of the week.
-
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
@GossiTheDog Finally some good news
-
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
@GossiTheDog como quase toda empresa que usa IA
-
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
Wow, Buzzfeed still exists. I'm more shocked by that.
-
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
@GossiTheDog Corporate suicAIde.
-
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
1) Hire all the old staff
2) Name the new org FuzzBeed
3) ???
4) Profit! -
@GossiTheDog Hopefully that's a lesson, but probably isn't, to other companies.
@T2R @GossiTheDog oh well. If we reach a turning point where the only businesses that can stay in business are the ones that aren't being leeched off of by investors and run by capitalists trying to get as much value from the working class as possible without even paying us to work, I'm all for that 🤷 out with the techbros, in with the co-ops
-
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
Praying that many more in on the AI Con will join BuzzFeed in bankruptcy.
Start with:
1. Meta and Zuckerberg
2. Amazon and Bezos
3. Palantir and Thiel
4. Oracle and Larry Ellison
5. Google and Brin
6. Twitter and Elon Musk -
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
@GossiTheDog i find the fist bullet point funny enough. they have been failing for 10 solid years.
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@GossiTheDog The AI BOOM is here guys everybody join in! 😂 What about dont put all your eggs in one basket investing advice. How has everyone forgoten that when it comes to investing in AI.
@joonq @GossiTheDog if they have I've got NFTs and meme coins they might be interested in. 😉
-
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
@GossiTheDog I thought they had already tanked to be honest. Everytime I hear their name I think of that weird super early Twitter Nokia Lumia Gossip Girl era and think “must be dead like the rest of it.”
XOXO
-
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
@GossiTheDog
LOL"The brutal reality check seemingly hasn’t put [Buzzfeed CEO] Peretti off from pursuing AI, though. He now says he’s hoping to bring “new AI apps to the market” this year."
-
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
Oh look! A Canary in a coal mine.
-
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
@GossiTheDog "Produces sub-BuzzFeed level content" is a hell of an endorsement for LLMs.
-
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
@GossiTheDog ...and CEO entirely unrepentant - waltzing off still saying "AI" is the answer... 😭🤬🤮
-
Buzzfeed journey:
- Successful
- Pivoted to GenAI for content
- Laid everybody off
- Now admits it probably can't stay in businesshttps://futurism.com/artificial-intelligence/buzzfeed-disastrous-earnings-ai
@GossiTheDog huh, i thought buzzfeed obliterated itself more than a decade ago...
-
Praying that many more in on the AI Con will join BuzzFeed in bankruptcy.
Start with:
1. Meta and Zuckerberg
2. Amazon and Bezos
3. Palantir and Thiel
4. Oracle and Larry Ellison
5. Google and Brin
6. Twitter and Elon Musk@Npars01 @GossiTheDog
Its a good list. We can only wish. Thoughts and prayers 😂