Reddit has a new AI training deal to sell user content
Reddit has a new AI training deal to sell user content
Reddit’s reported AI deal comes as it prepares to go public.
I thought I would miss reddit.
I was wrong.
26Quitting a platform is always easier than you think it will be.
20YouTube is the only platform that I don't think I'll be able to quit any time soon. Hosting video on that kind of scale requires insane amounts of capitol, and P2P isn't reliable enough, and I say this as someone who has streamed torrents before and has tried out PeerTube.
Also even if there was an alternative, having an alternative for creator monitization is even more difficult. LBRY and D-Tube tried to do it with cryptocurrency, but both of those projects seem to have fizzled out (and I think one is flooded with fascists nowadays).
9I wish I didn't make half my money from commissions set up through reddit.
1
Ofc it does.
Glad I left that place months ago. What a sewer.
24I thought I might miss it, but I don't. At all.
7
Enshitification Phase 2.
19Phase 4
6
Arguably, anyone can scrape lemmy for free. Of course, it's illegal, unless explicitly allowed by the license of the respective instance.
It's sad for reddit though that they could have the option to protect their users from scraping, since they are big enough to enforce their rights. But yeah, profits.
Can I sue them btw to pay me for whatever value my comments and posts have created over there?
13Scraping lemmy is as easy as setting up a server advertising it on Activitypub and all the data will be sent straight to you.
1
There are GreaseMonkey/ViolentMonkey scripts that work fine as well.
I still use Reddit infrequently, and delete what few comments I leave after a couple days using those scripts.
1
Lol, the AI is just going to emit nonsense like "holy hell", "thanks for the gold, kind stranger", "I too choose this guy's wife"
6The AI training clause is the least of my concerns with reddit these days.
5I HAVE AN IDEA! What about... put the subreddits on private again? /s
5Questin is, is data of private subs still sold? Likely it is.
1If Reddit want it, yes. That's why that protest was one of the worst attempts of making noise on internet what I ever seen.
2
Man that reminds me that I haven't deleted all my posts and comments yet! Anyone got a good program for that?
4They literally already sell our content. Why run it through an expensive warp?
3Because people were getting it for free. This is just a way to monetize it.
1I should just refuse to move my body altogether when I'm not being explicitly paid for it so I'm not farmed for content.
1
This is the best summary I could come up with:
Reddit will let “an unnamed large AI company” have access to its user-generated content platform in a new licensing deal, according to Bloomberg yesterday.
The deal, “worth about $60 million on an annualized basis,” the outlet writes, could still change as the company’s plans to go public are still in the works.
The news also follows an October story that Reddit had threatened to cut off Google and Bing’s search crawlers if it couldn’t make a training data deal with AI companies.
Last year, it successfully stonewalled its way out of the biggest protest in its history after changes to its third-party API access pricing caused developers of the most popular Reddit apps to shut down.
As Bloomberg writes, Reddit’s year-over-year revenue was up by 20 percent by the end of 2023, but it was still $200 million shy of a $1 billion target it had set two years prior.
The company was reportedly advised to seek a $5 billion valuation when it opens up for public investment, which is expected to happen in March.
The original article contains 346 words, the summary contains 175 words. Saved 49%. I'm a bot and I'm open source!
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