Classifies

The rise of artificial intelligence is sending shockwaves through the classifieds industry, with fears that it could fundamentally alter the business models of major players. Recent reports indicate that billions have been wiped off the market value of leading classifieds companies, as investors grow increasingly wary of AI’s potential to streamline processes that traditionally relied on dedicated platforms. With tools like OpenAIs ChatGPT and Googles Gemini capable of connecting users to homes, jobs, and cars without the need for intermediary websites, the landscape is shifting dramatically.