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Human traffic—monetised with ads—is the economic fuel of much of the internet. A steady flow of traffic is also needed to build online communities. Wikipedia, whose visitor numbers have fallen by 8% in the past year by one measure, warns that AI summaries without attribution could deter people from contributing. Stack Overflow, a coding community whose traffic has more than halved, reports that fewer questions are being asked on its chat boards. Reddit, another giant forum, saw its share price fall by half earlier this year over concerns about bumpy search referrals.
The whole article is about compensating the sources of content. They haven't even realized that it's the sources of content that need to be paying up.
360 sats \ 5 replies \ @freetx 11h
How are people going to click ads...
Being a member of the MSM, he is about 2 wars late. He doesn't even seem to understand whats going on....his concerns are straight out of 1999.
AI will be the ad. It will become the best ad-man that has ever existed. It will be able to deftly and expertly weave in "product recommendations" at the exact right moment that you are literally asking for it. It will be so good that the "ad" nature of it will be completely hidden. It may not even mention the product name as thats too crude...it will simply sell you on the inherent unique qualities that the product offers. You will 100% think you thought of the product yourself....
But then again, this is the same type of people that don't get Bitcoin.
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The Economist used to be a good magazine. A shell of its former self
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That’s why ~econ is going to take it over and put @denlillaapan at the helm.
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Fucking hell, yeeees!
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Yes
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Being a member of the MSM, he is about 2 wars late.
Love this!
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208 sats \ 0 replies \ @optimism 6h
Most people that use the internet nowadays don't remember what it was like before Google and Facebook, i.e. before the monetization concept really existed. Back then, you provided a service and you got paid for it, and the only asymmetry in most services was the fact that you could overbook: you have 4 CPUs in your server but you sell 200 website packages limited at 1 CPU, in the knowledge that no website will utilize the entire CPU all the time.
This made place for the "free" services that are ad-driven, but ads don't pay enough, so that turned into a data harvesting operation.
AI disrupts not the ads, it disrupts the traffic, but only by capturing it. Now your data gets harvested by the AI companies: if AI is your go-to tool and you use some hosted chatbot, then instead of knowing "what you are searching for", the platform now will get a much deeper understanding: "what you are thinking".
This means that reference sites and discussion forums are getting disrupted. Search engines would too but these are all AI companies now. The disrupted places will no longer serve ads and they will no longer be able to harvest data and sell it at the scale they used to. The problem the AI companies have is that these sites are important inputs to their models, so they will at some point need to turn to chat logs as an input, which we all know is dangerous because it has a feedback loop.
They haven't even realized that it's the sources of content that need to be paying up.
Naw they don't. But to be part of our exclusive community, you do. SN disrupts not the internet, not AI, but communities.
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Meeeeeee!
They don't even know about zaps and V4V
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