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 :-)

    • @VirtualOdour@sh.itjust.works
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      fedilink
      010 months ago

      But they won’t bring them here until it’s a good space to be.

      I run a community on here and reddit, I hate to say it but reddit is far more welcoming even once you get past the difficulty of servers and stuff here. Lemmy has problems with down voting and lack of participation, and it’s not like I’m talking about right wing politics subs or anything it’s for an open source project.

      We need to make discovering communities easier and we need to be more open to new people coming - that means supporting things even if they aren’t to our taste and trying not to gatekeep.