I think there will be an art to these "information summarization" products. You want just enough summarization to accomplish the reader's goal, while also minimizing your hallucination surface area. Summarize too short, and your user won't get what they came for. Summarize too long, and watch user trust crater as the hallucinations pile up.
I don't think there's a generalized solution to this problem for all information domains, so when search engine companies implement it it'll be low quality. What remains to be seen is if the money is in being a curator/aggregator within a niche, as Boring Report aims to be; or if it will be in selling the specialized summarization tech to the content creators directly - for use by them when they publish. I think the latter leans B2B and will have higher quality since the content creator signs off on it. But we'll see. Either way, the right mental model for LLMs may be to treat them as memetic compression algorithms.
I don't think there's a generalized solution to this problem for all information domains, so when search engine companies implement it it'll be low quality. What remains to be seen is if the money is in being a curator/aggregator within a niche, as Boring Report aims to be; or if it will be in selling the specialized summarization tech to the content creators directly - for use by them when they publish. I think the latter leans B2B and will have higher quality since the content creator signs off on it. But we'll see. Either way, the right mental model for LLMs may be to treat them as memetic compression algorithms.