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 :-)
@Fubarberry yes I saw this a lot too. Highly upvoted confidently incorrect comments, with the real answer or an answer debunking them with links to factual sources less upvoted.
Happened to me as well.
I am a lawyer and I would get down voted for posts explaining the law that contained citations to the actual applicable statute if people didn’t like the statute. Using reddit up votes as a measure of correctness is fundamentally a dumb idea.
@collapse_already yeah Reddit also tended to mistake explanation for agreement and savagely downvote it.