So says the founder of Gizmodo and Engadget:

...it will be increasingly difficult to build an online content business in an environment where quantity is the primary goal. The constant urge to publish more content and drive pageviews is not doing much for the reader. “[The web] is always trying to drive more clicks,” he said. “When everyone is doing it, it becomes a zero sum game.” When ads are sold on a CPM basis that requires huge pageview numbers to make money, publishers start pushing out more and more content. “It’s sort of a tragedy of the commons where the tragedy is our attention,” he said.

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