Companies that have become obsolete due to AI.
Getty images floated on the stock market for $4.8bn in 2022.
It’s “worth” €35m today but its basically worthless, shares stopped trading and it has over a billion in debt.
They made a load of fuck ups along the way, and the debt is a noose. But essentially AI pulled the rug from under the business model killing their income.
Shutterstock will likely follow along in time.