If Reddit is such a valuable property it would make sense for one of the big AI players to come in and buy it out before it IPOs and the value shoots through the roof. Open Ai is the most likely one given the links between Altman and the management. But a new entry like maybe Apple could swoop in. We know how useless the management of Reddit are at making money from it, a sale in it's entirety might be the best exit for the VCs and for them.
Reddit is OpenAI’s moat
91–100 of 319 posts
Re: Reddit is OpenAI’s moat
#92I may be in the minority here, but if I want the opinion of Redditors on an issue, I will use a search engine to look for it specifically, thus knowing the provenance of the information I am receiving. I don't really want the corpus of Reddit data influencing the output of a generative AI model...because it's Reddit, after all... Even though I am pretty sure it is already included in the training dataset already... I…
Seriously hope OpenAI is stripping all the canned meme replies that go on for hundreds of sub threads and end up as the top comments in threads before they train their models. How would you even do that reliably?
They don't. That's why some tokens from /r/counting mess up their models: SolidGoldMagikarp and " davidj12" or something like that
Re: Reddit is OpenAI’s moat
#93> There is no question that Reddit is extremely valuable as training data. How often do you append “reddit” to your searches? Is it? When I worked in networking, and later web dev work I found Reddit to be a TERRIBLE place for Q & A type situations. Answers on Reddit are often skewed by truthy answers from people with limited perspective in the industry who are surprisingly sort of militant about a given topic. For e…
not only that but 80% of conversations on reddit is idiotic jokes and puns
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Re: Reddit is OpenAI’s moat
#94They can still scrap the website? The fact is that many, many internet businesses today not make sense. Many of them are bleeding money with no possible path to profitability ahead. Mostly due to the fact that people's expectations are very different and I would argue even skewed. Clearly hosting Reddit is expensive, but who really pays for it? People don't like ads, don't like to pay for services, don't like to be r…
They know hardly anyone would pay for a social link aggregator and discussion board, but some people might donate a coffee to a beloved app developer on their phone. Hence the only way forward in their mind to charge for API calls. Even if it kills many of those apps, some will suck it up and charge their users. That it makes life harder for LLM competition and benefits their guy Sam is just a nice side effect. But I'm pretty confident that there will be daily reddit dumps available for training very soon as Torrent for anyone that can't afford to hide their scraping, if they not already are.
Re: Reddit is OpenAI’s moat
#95Earlier quoted context omitted.
Yes. For anything from opinions of movies/games to DIY advice to nerdy stuff like the best watch to buy in a given price range or the best synthesiser. Or people's opinions on a particular episode of TV! Or basically any hobby. It's not great for business stuff because there are way more people using e.g. AWS for their hobby project than running multi-million $ businesses on it. What are the alternatives? Facebook an…
My favorite alternatives are email and going outside.
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Re: Reddit is OpenAI’s moat
#96Earlier quoted context omitted.
I agree with you but not in entirety. This comment from spez[0] about blaming the API price changes on LLM's is too far fetched. A lot of commenters here on HN have already pointed that out already too. Unless they build a literal brick wall (paywall) around the site, that data can and will get scraped if the intention is to use for a model. You could get it down to a science where you only scrape any new data whenev…
> , that data can and will get scraped if the intention is to use for a model. How would that work from a legal perspective, though? Let's say there's no paywall and Reddit's terms of use disallow unauthorized commercial use of their data. Wouldn't that be a violation of Reddit's terms and liable to some legal procedure?
> Wouldn't that be a violation of Reddit's terms and liable to some legal procedure?
It won't, with the LinkedIn vs HiQ precedent.
Re: Reddit is OpenAI’s moat
#97If Reddit is such a valuable property it would make sense for one of the big AI players to come in and buy it out before it IPOs and the value shoots through the roof. Open Ai is the most likely one given the links between Altman and the management. But a new entry like maybe Apple could swoop in. We know how useless the management of Reddit are at making money from it, a sale in it's entirety might be the best exit…
>before it IPOs and the value shoots through the roof
Maybe they want to wait for it to IPO and then drop 90% instead.
Re: Reddit is OpenAI’s moat
#98Earlier quoted context omitted.
Yes. For anything from opinions of movies/games to DIY advice to nerdy stuff like the best watch to buy in a given price range or the best synthesiser. Or people's opinions on a particular episode of TV! Or basically any hobby. It's not great for business stuff because there are way more people using e.g. AWS for their hobby project than running multi-million $ businesses on it. What are the alternatives? Facebook an…
My favorite alternatives are email and going outside.
Going outside is a great alternative to mindlessly consuming Reddit, but we're talking about researching opinions here. That's something that Reddit is actually good for.
Re: Reddit is OpenAI’s moat
#99> There is no question that Reddit is extremely valuable as training data. How often do you append “reddit” to your searches? Is it? When I worked in networking, and later web dev work I found Reddit to be a TERRIBLE place for Q & A type situations. Answers on Reddit are often skewed by truthy answers from people with limited perspective in the industry who are surprisingly sort of militant about a given topic. For e…
Yeah, interesting point.
I'm curious to what your take is on Chat-GPT's response to the same sorts of questions?
I also work in a specialist field, and I've come to understand that the instinct on of a particular question is going to give me a bad answer on Reddit or SO, is also finely tuned to about when GPT either starts hallucinating, or providing bad info.
Re: Reddit is OpenAI’s moat
#100They can still scrap the website? The fact is that many, many internet businesses today not make sense. Many of them are bleeding money with no possible path to profitability ahead. Mostly due to the fact that people's expectations are very different and I would argue even skewed. Clearly hosting Reddit is expensive, but who really pays for it? People don't like ads, don't like to pay for services, don't like to be r…
Is hosting reddit hard? Or do they just have thousands of employees who have little reason to exist.