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.
Long-awaited, said no one. Is AI going to fabricate even more of the bullshit on reddit then?
kowcop@aussie.zone 8 months ago
Seems pretty clear why the apis were shut down for apps
Copernican@lemmy.world 8 months ago
They were transparent about it. AI and gatekeeping the user generated comments was the deciding factor to close the API and that’s what they told the public.
6daemonbag@lemmy.dbzer0.com 8 months ago
IIRC that was not the case. They very publicly blamed 3rd party apps, which was both disingenuous and not transparent.
kowcop@aussie.zone 8 months ago
I can’t remember if the word at the time was that they were trying to stop the calls from affecting performance or they wanted the juicy data all for themselves
KairuByte@lemmy.dbzer0.com 8 months ago
That is absolutely not the case. They stated a lot of different reasons, ranging from “these freeloading third party developers are making money off our hard work and should be paying” to “we’ve been doing this for free and it costs us a lot of money.”
What you’re thinking of, is the fact that everyone was well aware of the truth, and the fact that they were just butt hurt about the fact that AI was being trained on the data and they didn’t get a cut.
So they did the same thing, and just fucked everyone over.
dgmib@lemmy.world 8 months ago
If it was just about monetizing scraping for AI models, they could have easily had different pricing for AI uses than they did for 3rd party apps.
If it was about the lost revenue from the lack of ads on third party apps, they only needed to give existing 3rd party apps a longer period of time to transition their business models. 3rd party app users would have been paying way more than Reddit was losing from the lack of ads.
No Reddit wanted to kill off the third party apps. They used the AI scraping as an excuse to shut them down. They wanted to force people onto their shitty app.
I don’t know what their actual reasoning for that is, but there’re basically two possibilities I can think of:
Their executive team and board of directors is ridiculously incompetent.
Their shitty 1st party app is harvesting significantly more data about you than the 3rd party apps did, and they can sell that data for more than the $2-5 per user per month they would be getting if they gave the 3rd party apps time to transition to a paid business model.
BleatingZombie@lemmy.world 8 months ago
I don’t think that’s true. If I remember correctly it was just obvious what they were trying to do. They were never transparent