Reddit: 'We Are in the Early Stages of Monetizing Our User Base'
Reddit: 'We Are in the Early Stages of Monetizing Our User Base'

Reddit: 'We Are in the Early Stages of Monetizing Our User Base'

cross-posted from: https://infosec.pub/post/8775123
Reddit said in a filing to the Securities and Exchange Commission that its users’ posts are “a valuable source of conversation data and knowledge” that has been and will continue to be an important mechanism for training AI and large language models. The filing also states that the company believes “we are in the early stages of monetizing our user base,” and proceeds to say that it will continue to sell users’ content to companies that want to train LLMs and that it will also begin “increased use of artificial intelligence in our advertising solutions.”
The long-awaited S-1 filing reveals much of what Reddit users knew and feared: That many of the changes the company has made over the last year in the leadup to an IPO are focused on exerting control over the site, sanitizing parts of the platform, and monetizing user data.
Posting here because of the privacy implications of all this, but I wonder if at some point there should be an "Enshittification" community :-)
I just went over to Reddit to see what people were saying about the recent news. It’s sad that people are so down on this news yet they refuse to leave. Buncha addicts
It still amazes me that there are people on Reddit who are upset about this but still keep using Reddit lol!
Even if they're "addicts" it's not like there's no where else to go! That's like an alcoholic finding out that their favorite brand of whiskey is laced with lead and arsenic but still continuing to drink it instead of just changing brands!
I guess there are still some people there who naively think that it's all somehow going to go back to what it used to be, but at this point it mostly seems like pure laziness
For people that want a true reddit replacement, there ISN'T somewhere else to go.
It certainly isn't lemmy (imo) Twitter is a cesspool...
People sometimes prefer the devils they know to the angels they don't know. It's hard to break out of even abusive relationships.
Inertia, low priority.
Changing habits can be hard, the statu quo is usually easier
I'm not sure why you'd be amazed, I mean people are still using Twitter and that's a thousand times worse than Reddit.
I mean fuck, i'm an addict and I've managed to stay away. They've got other issues. Like a person that won't leave an abusive spouse.
Humans will always sacrifice "best-interest" for comfort and familiarity.
Late but could u name some alternatives like lemmy
I get it - there are in fact no real alternatives. Lemmy is great but there are a lot of niche communities I learned a ton from on Reddit and Lemmy just doesn't have the people for that. Yes, yes, maybe one day, everyone just needs to contribute more, etc. But for right now, that's a large barrier to exiting Reddit for a lot of people.
Everyone wants to consume the content without doing the work to actually populate the content.
I survived the early internet when there weren't large communities dedicated to custom keyboards. It wasn't so bad, friends.
I guess once the Revanced apps will stop working, or old.reddit will be shutdown, they will give Lemmy a try
What does that have to do with revanced? That's YouTube clients? And is there any news on revanced being shut down somehow?