What's Happening?
The publishing industry is exploring the potential of AI answer engines as a means to enhance user engagement and generate revenue. These engines, such as Taboola's DeeperDive, are designed to operate on publisher websites, using their content to provide answers and recirculate relevant material. This approach aims to mimic the behavior of chatbot interfaces, encouraging users to spend more time on pages and offering valuable first-party data. While these tools do not recover lost traffic, they deepen engagement with existing users, providing a new avenue for publishers to monetize their content.
Why It's Important?
The development of AI answer engines represents a significant shift in the publishing industry, as traditional revenue models face challenges from declining traffic and competition from broader internet searches. By leveraging AI technology, publishers can potentially increase user engagement and create new revenue streams through advertising and partnerships. This innovation could help sustain media businesses in the digital age, where content commoditization and traffic loss are prevalent issues. The success of these engines may depend on the quality and exclusivity of the content they offer, highlighting the importance of maintaining high standards in journalism and media production.