This is a most excellent place for technology news and articles.
Huh.
Does anyone else think that ChatGPT is still using the data, they’re just not referencing Reddit directly?
This is how you can tell Reddit’s $200+/share price is insane. Over 10% of its value dropped based on a different unprofitable company’s references to ingested content.
Yikes!!
Reddit’s value is its ability to use bots to manipulate and distribute information. It’s just like Twitter, meta and all the other social media platforms.
No, it's value is that users have up voted and down voted good and bad data. This gives the AI training data that has been crowd sourced by humans. Bots manipulating votes would destroy the value of Reddit.
Bots have been controlling votes on Reddit for years. It costs about $50 to get to the front page of Reddit.
There are absolutely vote manipulation campaigns still happening.
See this from 12 days ago: https://old.reddit.com/r/privacy/comments/1nldj4m/why_are_we_all_just_accepting_metas_new_spy/?sort=old
12 days ago almost every top-level comment was below -50 and responses were untouched.
Yes, but Oracle's stock skyrocketed based on the unprofitable OpenAI promising to buy >100B worth of AI data center space from Oracle. Nvidia stock also surged on the news, since Oracle builds those data centers with Nvidia chips
Obviously OpenAI doesn't have the money to pay Oracle themselves, so Nvidia has helpfully given them the money
So now we have an incredibly large cyclic corporate dependency of money from Nvidia -> OpenAI -> Oracle, then back to Nvidia. Definitely not a financial disaster waiting to happen
While I don't agree with the reddit valuation to begin with...
that is actually how the stock market "should" work? Reddit is a company that, at its core, produces data to sell to other companies. If other companies choose to (say they are not going to) use that data, then the value of reddit drops. That is literally supply and demand.
If Stanley's Sprockets' sprockets are a vital part of iphones then Stanley's Sprockets is going to be a very valuable company. If Apple changes to the other dude's product, Stanley's Sprockets has now lost a lot of value.
Couldn't happen to a nicer company
Reddit banned me today for making a joke that the patch title for Guild Wars 2 could match real life events.
What is the patch name? The Mad King and his Lunatic Court.
Permanently banned for what? Harassment.
Not how I expected GW2 to come up on Lemmy.... But here we are hahaha
I wish I could say I'm shocked. That site has fallen off so hard it's crazy. The censorship has gone mad. It's the main reason I'm here.
Oh my god I somehow forgot that Reddit IPO8ng means I get to read stories like this.
Oh no, the world's most poorly managed and funded corporate social media website's with a publically traded stock is tanking, oh nooooo!
Ahahahah!
This is certainly part of OpenAI's plan, and a warning shot to other user content-driven sites. An extortion play, if you will, which is business as usual now for fucks sake.
reddit is all cahoots with OPEN AI/googles own AI. im not surprised, its probably what led to thier massive ban waves, since they are using AI to overmoderate the whole site(indiscriminate bannings) they sold thier souls to 2 DEVILS.
That's what pandering to the bigger techbros spez gets.
Being there stopped being fun ever since the shits started running a massive profile-and-purge program powered by fucking AI, as even casually mentioning violence against right-wingers or POTUS and his merry chucklefucks gets your account flagged for banning. That's why there's now a chilling effect.
Yeah, and it aged hard like milk.
you dont even have to mention anything you can just get banned for creating a new account, or firing up an years old account, since they will consider those as bots. it happens randomly though. so much so, the shadowban sub had so many of these bans because they got banned for little reason.(besides the one that have multiple accounts get shadowbanned).
they started limiting the amount of time the shadowban questions stay open to silence any discussion of it.
heh I wonder if all the "old" content getting messed with and/or removed is causing issues with the algorithm/scraper.
For unauthorized scrapers? Definitely
For paid API usage? That tends to not be public for obvious reasons but, allegedly, people have, allegedly, done tests and found "deleted" content in the results.
I remember thinking back in 2021 or 2022 when it was announced they were going public that yep, this site is gonna be gone soon.
Good, hope it crashes.
