Reddit user content being sold to AI company in $60M/year deal

L4sBot@lemmy.worldmod to Technology@lemmy.world – 437 points –
Reddit user content being sold to AI company in $60M/year deal - 9to5Mac
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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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Putting aside pretty much everything else about this announcement: That’s… shockingly cheap.

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.

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.

1m for every IQ point of the average Reddit user

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

Wait

Fuck

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

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.

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

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