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…
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…
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.
To be fair, most of the content is written by AI’s, so it’s AI training AI
Like human training human, this will end badly
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.