Reddit user content being sold to AI company in $60M/year deal::It’s being reported that a deal has been struck to allow an unnamed large AI company to use Reddit user…

  • thesmokingman@programming.dev
    link
    fedilink
    English
    arrow-up
    67
    arrow-down
    2
    ·
    10 months ago

    That’s how little they got‽ Holy shit. That’s the steal of the fucking century for all that content. Reddit clearly puts the same stock in its negotiators as it does its 3rd party ecosystem. Anyone who values them more than maybe 2x this price for their IPO is a fucking idiot. Forget Trump’s Art of the Deal. spez needs to write a book.

    • ColeSloth
      link
      fedilink
      English
      arrow-up
      8
      ·
      10 months ago

      Getting access to the massive backlog of user data over the last 15 years for a mere 60 million. I’m glad reddit shot themselves in the foot, I’d go delete my user data from reddit, but im sure they’ll be crawling the backups as well.

        • ColeSloth
          link
          fedilink
          English
          arrow-up
          3
          ·
          10 months ago

          Unless they’re leasing the information every year, which would essentially make their ai dependent on the data, but that data is probably the best source to use on the internet. Also, without continuously using the most current comments and posts, the ai model won’t be able to give any info about current events topics and such.

            • ColeSloth
              link
              fedilink
              English
              arrow-up
              1
              ·
              10 months ago

              As now countlessly proven by all the lawsuits or potential lawsuits abound, it’s still pretty easy to show what ai models were trained on. It’s the entire reason a company is paying reddit for the data instead of scraping it in various ways (ways that were easier before reddit closed off their api). Maybe in a few years time they’ll have it worked out to where there’s no way to pick up on where an ai scraped it’s data from, but they aren’t there yet.

    • T156@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      ·
      10 months ago

      Considering that the data has almost certainly been scraped already, that might have been the best that they could get for it. Or else the companies might just get it from their archives/training sets for free, like they did before.