Given the topic of the article, it is deeply ironic that one of the sites whose traffic cratered 99% was "Adam Enfroy teaches how to grow successful blogs with AI". Apparently not.
I say this not just to be snarky (OK, maybe a little bit), but a lot of the content on these blogs was just bad, e.g. hawking get rich quick schemes where the author obviously was giving bad advice.
The articles does say
> The blog-as-a-business model, involving publishing, ranking, monetizing clicks, and repeating the cycle, is dead. Not dying but dead
It is about a particular type of directly profit making blog business model:
> The recipe was pretty straightforward: publish helpful content, rank it on Google, and monetize that traffic with affiliate marketing and ads.