Reddit's filing with the SEC makes clear that training AI with user posts is a core part of Reddit's new business model.

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.”

On Wednesday, Reuters reported that Reddit has entered a contract with Google, which will license its content for $60 million a year in order to train Google’s AI models.

  • Annoyed_🦀 @monyet.ccEnglish
    12·
    10 months ago

    Lots of mod also can’t let go the community they spend years to build. Not an easy task to just leave. Though i know of some that already partially leave the platform and only occasionally check it

    • Pixelemme@lemm.eeEnglish
      7·
      10 months ago

      That’s true as well. I understand the emotional connection I would have had if I was part of the community from the beginning. It is not easy to build communities and also be responsible for it. I was not pointing at such folks.