Online content is losing its monetary value because it is now available in unlimited quantities, appears interchangeable, and hardly anyone is interested in perfect linguistic elaboration, distinctive descriptions, and “expertise” anymore. Everyone just writes about everything. And then, after a week, they ask, annoyed, why no one likes them... Sorry, current example. It wasn't smart to rely on recruiting masses to revitalize Steem.
And now it is only being made worse by AI, some of it quite sophisticated... and even when not sophisticated, it just adds volumes of meaningless clutter.
Interestingly enough, the site I mentioned that is shutting down after 19 years cited the proliferation of AI content as one of the primary reasons for shuttering.