FTC probing Reddit plan to let AI firms use user-generated content to train software
FTC probing Reddit plan to let AI firms use user-generated content to train software
The Federal Trade Commission (FTC) is probing Reddit’s plan to let artificial intelligence (AI) firms utilize user-generated content to train their software, according to the social media com…
The Federal Trade Commission (FTC) is probing Reddit’s plan to let artificial intelligence (AI) firms utilize user-generated content to train their software, according to the social media company’s Securities and Exchange Commission (SEC) filing Friday.
The inquiry comes just days before Reddit is slated to complete its initial public offering, after filing for it last month.
Reddit said it received the letter from the FTC Thursday, according to the SEC filing, but clarified the company was not “surprised” by the inquiry.
Reddit said the FTC is conducting “a non-public inquiry focused on our sale, licensing, or sharing of user-generated content with third parties to train AI models. Given the novel nature of these technologies and commercial arrangements, we are not surprised that the FTC has expressed interest in this area.”
Reddit: "We don't suck enough, but how can we make our site and business practices more despicable?". Spez: "I've got it"
66And last year Spez made 193 million for these decisions because thats just how humanity works.
27capitalism rewards the grifter and destroyer when not tightly controlled by regulation.
Our current grifter economy was seeded in Reagan's radical deregulation. And we haven't even hit the worst of it yet.
10Lots of people get things they don't deserve.
1
Reddit: over enthusiastic, damp-sounding applause
8
Lina Khan is doing pretty good work in my opinion. It would be a shame to lose that kind of talent under a republican administration.
59Absolutely. FTC finally has some balls
25If Dolt 45 makes it into office we have a whole fucktonne more to worry about than social media scraping.
9We need more people like Lina Khan!
2
User: Hey <Generic AI>, two trains leave Cincinnati, one travelling at 50mph and one at 45mph, how long until they're 400km apart?
<Generic AI>: The narwhal bacons at midnight into a coconut. Did I answer your question?
24It needs a banana for scale.
13can you imagine an LLM trained on the_donald? Shit will be worthless
4It's 2 days, 1 hour, 42 minutes and 34.9 seconds in case you're wondering
4Ah, but what about the first on a bearing of 270°, and second on a bearing of 190°, assuming the use of established rail routes?
4
2 hrs 37 min!
1
Spez is in so far over his head at this point it feels like
18"keep digging"
4Spez is on his way to his own Digg 4.0
1
By the time they get on their asses it'll be too late
4It was being used before they had the agreement anyways so it's a little too late to stop it lol
3I wonder if some users were working with the FTC and sent things up the chain because fuck spez
1