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Reddit: Return Of The Junk Stock IPO
(www.forbes.com)
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this post was submitted on 12 Mar 2024
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Seriously. Reddit is a glorified link sharing service with comments looking for a 6+ billion valuation. Christian and a couple backend devs could recreate it all in a weekend.
Reddit is hopeful that AI training is their golden ticket but in all reality they’ll only ever have one large buyer. OpenAI, Anthropic, Mistral, etc, don’t want something that Gemini already bought.
With all that out of the way, I don’t see very many companies lining up to license a far left-leaning dataset that had all non-echo chamber discussion banned. I mean, look at how much trouble Google got in with an objectively racist Gemini that forced them to turn off human image generation.
Depends on the sub. The news, technology, and politics subs are 99% link sharing. The subs around DIY stuff, health, etc are often people sharing personal experience and advice. The latter is likely the most valuable thing for AI to crawl.
Maybe this isn’t what you are saying, but Reddit (at least in the past, on smaller more expert subreddits) is no more an echo chamber than any other politically charged community space online, it’s just in other communities the rightwing people who control the levers of power usually don’t let leftists have any kind of voice or power in the first place.