No Traffic, No Moat
We are at the beginning of the end of "Destination Publishing."
As long as there's been digital content, this has been the go-to business model for digital content creators. Publishers produce engaging news, sports and entertainment content, they build sites, apps and channels to attract audiences, and they monetize the visits. Revenue offsets costs, and the economics make for a viable publishing business.
But AI is fundamentally breaking these age old assumptions.