The $82.5 million sale of "Hot Ones" studio First We Feast is part of a broader strategy at BuzzFeed to shift away from human editors, writers and content producers in favor of artificial intelligence, which result in "high-margin, tech-enabled revenue lines."
Comments
Huge if true.
I mean relatively speaking Crypto will burn the world to a cinder first due to scale, but Buzzfeed is literally asking people to pay them to use an AI on the viewers behalf.
The linked article says both, which doesn't inspire confidence in it as a source.
Seriously, I want to know how so many businesses are run by such incompetent people.
But I’m looking forward to seeing how badly this fails. It’s up to us to continue essentially boycotting anything regarding GenAI slop.
That's not a real thing.
D'OH!
Executives, snorting dish soap: "We should put more money into the 'make customers hate us' hole."
😩😭🤬🤬🤬🤬🤬🤬🤬🤬🤬
And yeah, the secret sauce is how good the interview questions are.
ffs
Lol, no. They cashed out to meet a short-term financial goal.
Plus ça change
It's thus entirely reasonable for me to ask you if the other properties have any value. I suspect the answer is that their net value is around 0.
for robots
If we had a dollar for every time someone questioned our accuracy, reliability or authenticity because they'd never heard of us before, we'd have more money than BuzzFeed.
Do they think people will want to buy garbage?
Also Buzzfeed used to be panned as derivative and a joke, then they got into "real news" opinion start to pivot...and now they are diving back into Auto-generated slop. Cya.
Can't believe they haven't changed
But, many publishers will use AI to develop content anyway.
(The smart ones will edit, stylize, and polish the AI-generated content so nobody is the wiser.)
(This is called "Dead Internet Theory" - a theory that posits most content will eventually be AI.)
Sooooo many more media companies are gonna go out of business again.
Reality once again satirizes itself.
https://en.m.wikipedia.org/wiki/Dead_Internet_theory
It's just so often something sells for big money and the new owners think they can improve it or saturate the market to milk it for everything it is worth and end up killing it.