Reddit Signs AI Content Licensing Deal Ahead of IPO

L4sBot@lemmy.worldmod to Technology@lemmy.world – 275 points –
Reddit Signs AI Content Licensing Deal Ahead of IPO
bloomberg.com

Reddit Signs AI Content Licensing Deal Ahead of IPO::Reddit Inc. has signed a contract allowing a company to train its artificial intelligence models on the social media platform’s content, according to people familiar with the matter, as it nears the potential launch of its long-awaited initial public offering.

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IIRC that was not the case. They very publicly blamed 3rd party apps, which was both disingenuous and not transparent.

Reddit Wants to Get Paid for Helping to Teach Big A.I. Systems - https://www.nytimes.com/2023/04/18/technology/reddit-ai-openai-google.html

I can't speak to the article that you've posted several times due to the paywall, but I can speak to the language and the antagonistic attitude they actually used during the entire debacle. Placing explicit blame on third party apps like Apollo, Sync, Boost, etc.- that was the argument used. It doesn't matter what the real reason was. They were publicly placing blame on small fish instead of the AI monster that was stealing all of their content and bandwidth

I understand. But I think from the get go of the announcement of closing the API's, Reddit had always discussed not wanting to be harvested by AI tech for free. The point is they saw the value of their user content, and wanted to establish a model to profit on that. This announcement is just that; they now have something in market to allow AI to be trained on it's user generated content.