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Sahwa@reddthat.com to Fuck AI@lemmy.world · 4 days ago

BuzzFeed Nearing Bankruptcy After Disastrous Turn Toward AI

futurism.com

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BuzzFeed Nearing Bankruptcy After Disastrous Turn Toward AI

futurism.com

Sahwa@reddthat.com to Fuck AI@lemmy.world · 4 days ago
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Three years after its pivot to AI, the writing is on the wall for BuzzFeed. The company said there's "substantial doubt" it can keep going.
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  • Agrivar@lemmy.world
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    4 days ago

    I mean… fuck AI, of course, but also fuck BuzzFeed?

    • PhobosAnomaly@feddit.uk
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      4 days ago

      It’s a fair assessment.

      BuzzFeed’s “content” was just hoovering up other folk’s content on social media or content aggregators, and neatly packaging it up into an “article”. I feel dirty saying this but for that use case, AI isn’t actually a terrible option…

      …and they still managed to fuck it up. Outstanding.

      • just2look@lemmy.zip
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        4 days ago

        It used to be that they did that garbage to help fund some solid investigative journalism. Then they killed off their actual journalism, and only did the garbage part. It was a really disappointing move all to maximize profits, instead of actually providing at least something of quality amongst the trash.

        • Tollana1234567@lemmy.today
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          4 days ago

          also the experience being told by former buzzfeed producers, pretty much tells it all.

      • dyathinkhesaurus@lemmy.world
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        4 days ago

        BuzzFeed Listicles

    • PacMan@sh.itjust.works
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      4 days ago

      Sadly they used to have a world class reporting group. It filled up with shit like a double seat outhouse

  • aev_software@programming.dev
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    4 days ago

    Nobody saw that coming after they fired their reporters and writers. Nobody.

    • brainwashed@feddit.org
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      4 days ago

      „Reporter“ is a bit generous.

  • reddig33@lemmy.world
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    4 days ago

    Let this be a lesson for all the other companies “turning toward AI”. This is like the dot com era all over again. Example:

    https://www.businessinsider.com/amazon-tightens-code-controls-after-outages-including-one-ai-2026-3

  • apftwb@lemmy.world
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    3 days ago

    All I am hearing is AI is finding efficiencies by getting rid of the overhead of running a business. Soon they won’t have to have any staff. Another win for AI.

  • Jo Miran@lemmy.ml
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    4 days ago

    They died the moment they killed Buzzfeed News.

    • Tollana1234567@lemmy.today
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      4 days ago

      it was a sign when employees had to leave due to ever increasing pressure to create content and after contenslop like 10 years ago.

  • Junkers_Klunker@feddit.dk
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    3 days ago

    Get rekt

  • aeiou@piefed.social
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    4 days ago

    AI finally did something useful!

  • daggermoon@piefed.world
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    3 days ago

    BuzzFeed still exists?

  • Lost_My_Mind@lemmy.worldM
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    4 days ago

    And nothing of value was lost

  • Reginald_T_Biter@lemmy.world
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    4 days ago

  • Tollana1234567@lemmy.today
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    4 days ago

    buzzfeed still around? when thier major “producers/content creators” left like 10 years ago and were complaining on thier “youtube why i left buzzfeed” because they were just there to push out slop after slop thats when the downfall started. they have been largely supplanted by “influencers” reporting on the news.

  • ayyy@sh.itjust.works
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    3 days ago

    Who?

  • pugsnroses77@sh.itjust.works
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    4 days ago

    womp womp

  • shameless@lemmy.world
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    4 days ago

    I thought this company disappeared in like 2018?

    • Widdershins@lemmy.world
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      4 days ago

      The quality of their content had well dried up by then

  • FinjaminPoach@lemmy.world
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    4 days ago

    Seems like the second time BuzzFeed has gone bankrupt in my memory

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