this post was submitted on 14 Feb 2024
634 points (95.5% liked)
Technology
74055 readers
2935 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I don't think this is a money making move. The previous CEO was absolutely overly focused on monetization and this move is a step away from that. I should've addressed this more explicitly in the above comment but even for the players who actively monetize, AI is a money incinerator.
I agree it's probably not for money making, that's my point, its instead that their management doesn't know how to spend money.