Reddit: 'We Are in the Early Stages of Monetizing Our User Base' - eviltoast

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 :-)

  • Omniraptor@lemm.ee
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    8 months ago

    First time I’m hearing about this, can you give any links? Maybe we could use something similar in lemmy

    • Uglyhead@lemmy.world
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      8 months ago

      Muxing upvotes , “balances”, etc.

      Even hiding all upvotes of every comment thread until ~12 hrs after posting.

      • Omniraptor@lemm.ee
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        8 months ago

        I’m still not sure what those first two mean.

        Hiding vote counts is a good idea imo however, having the info visible can influence people’s judgement of the comment and cause people to also vote based on the existing score rather than just the comment itself.