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BuzzFeed Nearing Bankruptcy After Disastrous Turn Toward AI (futurism.com)
submitted 6 months ago by to c/fuck_ai@lemmy.world
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[–] 106 points 6 months ago (5 children)

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

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  • [–] 67 points 6 months ago (3 children)

    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.

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  • [–] 42 points 6 months ago (1 child)

    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.

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    • [–] 61 points 6 months ago (1 child)

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

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    • [+] 53 points 6 months ago* (last edited 1 week ago)
    [deleted]
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    [–] 42 points 6 months ago (1 child)

    They died the moment they killed Buzzfeed News.

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    • [–] 37 points 6 months ago

    AI finally did something useful!

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    [–] 26 points 6 months ago

    And nothing of value was lost

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    [–] 23 points 6 months ago

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    [–] 16 points 6 months ago* (last edited 6 months 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.

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    [–] 16 points 6 months 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.

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    [–] 15 points 6 months ago

    BuzzFeed still exists?

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    [–] 15 points 6 months ago

    Get rekt

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    [–] 10 points 6 months ago

    womp womp

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    [–] 9 points 6 months ago (1 child)

    I thought this company disappeared in like 2018?

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    • [–] 8 points 6 months ago

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

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    [–] 6 points 6 months ago

    Who?

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    [–] 3 points 6 months ago (2 children)

    I’ve always hated BuzzFeed since their inception.

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  • [–] 14 points 6 months ago (1 child)

    They actually used to have a phenomenal journalism team, (seriously, they had multiple prize winning journalists on their payroll) but hard-hitting journalism wasn’t enough to pay the bills. So they had the slop clickbait to fund the investigative reporting side… But then they ditched the journalism and shifted more towards clickbait... And then the started using AI for the clickbait.

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  • [–] 1 point 6 months ago

    They may have had multiple prize winning journalists on their payroll, but I do not remember a time (and I'm going back more than 15 years here) where their main thing was solid journalism. They did produce a lot of clickbait and ragebait BS, though. Honestly, the time when they were just doing memes was their peak. It was light, funny and creative. It just went downhill from there.

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