Another war currently raging in online media is between content providers/forums such as Quora, and generative AI companies such as OpenAI.
The former accuses the latter of ‘stealing’ its content when its bots crawl content sites to feed its machine learning algorithms.
One potential measure being considered by Reddit is to close off its site to crawlers. But this would also have the effect of closing off Reddit to Bing and Google, both of which use crawlers to compile search results.
It seems (or at least they claim) that they are able to survive without search, presumably because users go straight to its site and their favourite subreddits.
Anyway, here’s more:
‘Nothing is changing’: Reddit flatly denies report that it might wall off its content
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$150M+ Revenue Content Site
Last week we highlighted Glen Allsopp featuring the UK’s NerdWallet equiavelent MoneySuperMarket with its Q3 revenues, and now is the turn for the US-based competitor itself:
NerdWallet, the online personal finance resource, posted revenue of $153M for Q3, up 7% year over year.
They averaged 24 million monthly unique users, up 22% YoY, thanks to record traffic to travel content and their personal loans section. 📈