Earlier quoted context omitted.
It seems to me like the options will be 1) publish free content on your website and make zero money because it will get crawled and displayed to readers elsewhere or 2) publish content on your website behind a paywall and make zero money because no one will pay for it (even if they could somehow find it, which they couldn’t).
The freemium model (similar to what Substack is doing) may work for some bloggers and news and news-adjacent publications. For regular tech bloggers such as the ones you see posted on HN, I agree it’s desperate.
Yes, for creators who have managed to establish an audience that had high intent to consume that creator’s content. But good luck to people who are trying to make money just by delivering useful niche content where the consumers don’t even know of the creator.