This is completely false; thousands of people are still making loads of money from blogging. It's just not novel anymore, so you don't see any articles about it

This is completely false; thousands of people are still making loads of money from blogging. It's just not novel anymore, so you don't see any articles about it. And yes, they've also realized that all those subscribers are good for more than just ads, so they're upselling them books and videos and seminars and whatever else.