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Comment on Reddit stock falls for second day as references to its content in ChatGPT responses plummet

hayvan@feddit.nl ⁨3⁩ ⁨weeks⁩ ago

I don’t care about their stock value but the situation fells so weird. So chatgpt refers to reddit less, and that makes reddit stock value fall. This really shows how much of the share value is pure hype and how much of “the economy” is pure manupulation of numbers instead of actual value.

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DupaCycki@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
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- Shortstack@reddthat.com ⁨3⁩ ⁨weeks⁩ ago
  The bubble bursts when one of them can’t make their monthly payment.
  
  It’s the dot com bubble all over again
  
  Makes me think I should sell all my retirement stocks and stick it in bonds until the bottom falls out from under Nvidia
  
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RememberTheApollo_@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
How decoupled stocks are from reality or value. It’s bizarre.

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- bitjunkie@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
  Tesla is “larger” than all other car companies combined when they’re virtually always “delayed” on actually shipping product. We live in bizarro world. Your livelihood is a single cell in a giant spreadsheet full of completely made-up numbers.
  
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  - elucubra@sopuli.xyz ⁨3⁩ ⁨weeks⁩ ago
    Tesla sells itself as a technology innovation company, but it sells hype.
    
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    skisnow@lemmy.ca ⁨3⁩ ⁨weeks⁩ ago
    The thing that baffles me on that one is that it doesn’t stand up on its own terms. None of Tesla’s tech in 2025 is ahead of its competitors, and they’ve become so toxic as a brand that most top tier engineers don’t even want to work there.
    
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  - UltraGiGaGigantic@lemmy.ml ⁨3⁩ ⁨weeks⁩ ago
    The market can stay fascist longer then you can stay solvent.
    
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- utopiah@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
  meme stocks.
  
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AAA@feddit.org ⁨3⁩ ⁨weeks⁩ ago
That’s actually quite easy to explain. Reddits entire monetary value (or at least a very large portion) depends on how relevant it is as platform to mine user interactions - to use as training material for AI.

Reddit getting references less is a sign that the models, or the owning companies, value reddit data less compared to before.

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r0ertel@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
You just described most tech stocks.

As Cory Doctrow explains:

the fundamental duty of every CEO of every high-growth tech company: explaining how his company will continue to grow. These growth stories are key, because growth stocks trade at a huge premium relative to the stocks of “mature” companies.

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