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The business model of the web was killing itself long before AI showed up. Read the UN report on the Attention Economy from 2 years ago - https://www.un.org/s
by lwo32k 1y ago
The business model of the web was killing itself long before AI showed up.
Read the UN report on the Attention Economy from 2 years ago - https://www.un.org/sites/un2.un.org/files/attention_economy_feb.pdf https://www.un.org/sites/un2.un.org/files/attention_economy_...
It says a simple thing - Content has vastly exceeded Eyeballs and Time available to consume it all.
So what happens when Supply exceeds Demand by a huge margin?
Attention Economy CEOs (basically the monopoly platforms) have handled this question by doing a fantastic job convincing Content Creators if your content is not getting eyeballs either something is wrong with you, OR you got to pay us more for Reach and Visibility/buy more ads/produce more engaging garbage. If its engaging we will take a cut. If its not, pay us to get the algo to prop you up.
This is a parasitic model which is eating itself.