Three things are probably true:

  1. in the short term this development is great for users. LLMs trained for free on a universe of high-quality human stolen content, and returns relevant parts of it to resolve specific customer questions, without ads, an operation funded by VC.

  2. with LLMs redirecting search from knowledge producers (webpages) to knowledge aggregators (LLMs) the incentive to create knowledge is gone, and future knowledge (including that fed into LLMs) will degrade compared to a universe that kept this incentive alive

  3. AI is hardware, energy and R&D intensive and VCs will need a business model to recuperate their investments and costs, a key-player has already announced an ad model re-creating part of the issue noted previously that we temporarily resolved

Classic tragedy of the commons, this time with major impact on everyone everywhere.

Agreed on all three points, but I think this is pretty obviously terrible in the long run. The open internet was one of the greatest common goods in human history. That ecosystem is quickly being exploited to death by a handful of tech companies. Those companies are generating a lot of revenue in the short term, and the rest of humanity is losing a great deal.

I can't even begin to count how many times I've found interesting and useful information from an old forum/article/guide that was supported by some ads or simply an avenue to engage with people. Those incentives are now gone.

Tech companies have no ethics and their leaders think it's in their interest to continue the exploitation, so that's what is going to happen. The only effective way to prevent a tragedy of the commons situation on this scale is major government action and there is zero political will for that at this time.

In the long run there will be some sort of reaction, maybe site curation will make a comeback. A few big name sites will probably resist the slop and survive as an institution. But the internet many of us know and love is being pummeled to death before our eyes.