The answer to Google AI - a viable business model for Google and Bloggers?
It's been a wild ride since GenAI and ChatGPT burst onto the scene! We're all wondering how AI will affect the publishing industry, including the impact on the search industry and bloggers, and the millions of people who rely on users visiting their site or blog.
But since GenAI, the search experience has changed in such a way that (even many bloggers) now expect tailored answers to their questions (with reliable sources of course) as opposed to the traditional search of sifting through endless results. And Google, of course, is more than expected to respond to this demand, to be honest.
But IMHO the way it's been implemented so far is incredibly unfair and I hope the industry as a whole can find a solution, not just for the big publishers like Reuters, The Times with big affiliate deals, but also for bloggers.
Because of the huge implications of this issue, and my passion for AI, I thought I'd ask the smartest model out there how this could actually be solved, not just for the big fish (who have already signed million-dollar deals), but also for bloggers and small businesses who don't have the power and money to negotiate deals with Google (at least not directly).
So here is what I did:
I downloaded some articles on the subject, like this one
https://pressgazette.co.uk/platforms/devastating-potential-impact-of-google-ai-overviews-on-publisher-visibility-revealed/
And asked OpenAI o1-preview to come up with a win-win business model that works for both Google and small bloggers.
Here is the prompt:
Find a win-win business model for small publishers and Bloggers and Google alike.
Based on the following facts:
<< the articles>>And here is the full answer I received.
My humble opinion:
In my opinion, the core part of the business model sounds appealing or at least worth discussing, although it will not be easy to negotiate, especially due to the power imbalance (David vs. Goliath). In particular, the compensation scheme and the transparency of the metrics form the basis of this business model.
I have a strong opinion on this topic, but I would love to hear what you have to say in the comments.