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Adsense revenue from different websites will drop because it will be summarized and cost per query will go up. This AI push will backfire
by joelcloud 3y ago
Adsense revenue from different websites will drop because it will be summarized and cost per query will go up. This AI push will backfire
- wbl 3y agoThe buggy wip maker couldn't have stopped Ford
- somat 3y agoA strangely mixed metaphor, and incorrect, the buggy manufacturer did well enough... for a while at least. https://en.wikipedia.org/wiki/Studebaker https://en.wikipedia.org/wiki/Studebaker
- TylerE 3y agoNot a mixed metaphor, it’s a standard phrase. Note buggy WHIP makers, not buggy makers.
- somat 3y agoIt is mixed because it is comparing two different class of items whips to cars does not really compare. Cars to buggies would compare or perhaps whips to steering wheels.
- stonogo 3y agoNo, it's not mixed. It's related to the saying about the people who get rich off a gold rush being the ones who sell shovels. In the buggy-whip case, it's about a company not understanding the market changing entirely to make them obsolete. The transportation market moved to cars, and so nobody needs a buggy whip.
- AndrewKemendo 3y agoWatch the movie “other people’s money” for the original reference
- stonogo 3y agoThe original reference is probably Levitt's "Marketing Myopia" (https://books.google.com/books?id=Zn4foOUm3AoC https://books.google.com/books?id=Zn4foOUm3AoC). Levitt uses it to illustrate that companies should focus on customers rather than products.
- AndrewKemendo 3y agoWell OPM came out in 1991 so I doubt it. https://youtu.be/62kxPyNZF3Q https://youtu.be/62kxPyNZF3Q
- stonogo 3y agoNote the imprint, "Harvard business review classics." What I linked to is a 2008 republication of a book from 1975. The buggy-whip analogy also appears in a journal article of the same name by the same author in 1960. More info here: https://hbr.org/2016/08/a-refresher-on-marketing-myopia https://hbr.org/2016/08/a-refresher-on-marketing-myopia
- AndrewKemendo 3y agoThanks for the detail and I should have dug deeper
- wbl 3y agoBecause they invested in the new up and coming thing and transferred the knowledge that applied.