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Reddit user content being sold to AI company in $60M/year deal (9to5mac.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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...

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[–] gravitas_deficiency@sh.itjust.works 58 points 10 months ago (3 children)

Putting aside pretty much everything else about this announcement: That’s… shockingly cheap.

[–] andrew_bidlaw@sh.itjust.works 23 points 10 months ago

Probably because it was harvested long before they locked API. I suspect it's not a purchase but a way to legitimize the datasets already in the works since Reddit said they are now trading them. And our favorite CEO struggles to turn any profits, so he hardly had any leverage to ask for more.

[–] Grimy@lemmy.world 12 points 10 months ago* (last edited 10 months ago)

It's mostly data that's publically available. It's more of a gamble I think, it's only worth anything if the government decides you need to pay for the data you use in training.

[–] twofont@lemmy.world 9 points 10 months ago (2 children)

1m for every IQ point of the average Reddit user

[–] gravitas_deficiency@sh.itjust.works 18 points 10 months ago (2 children)

lol dude most of us were over there for years before jumping ship and coming here

Wait

Fuck

[–] deus@lemmy.world 14 points 10 months ago

Shhh, let's just pretend the average IQ over there dropped when we left.

[–] SreudianFlip@sh.itjust.works 1 points 10 months ago (1 children)

Before I deleted my account I removed all posts and changed all my comments to a complaint about the enshittification under way. Two accounts, 13 and 11 years old, it was a lot of work.

[–] Churbleyimyam@lemm.ee 1 points 10 months ago

This is awesome. Like chucking some frozen prawns under the floor boards when your landlord kicks you out.