$60M/year for GOOG to access all their data when they purport to be targeting a $5B valuation at IPO is really cheap. Arguably Reddit's value is it's data, and GOOG is renting it for 1.2%/year?
Google are already indexing Reddit, so this might reflect the incremental value of direct API access plus keeping everyone happy. I would be surprised if Reddit’s threats to block Google’s crawler were all that credible.
Google cut a deal with Reddit for AI training data
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Re: Google cut a deal with Reddit for AI training data
#42Someone should create a bot that responds to highly upvoted comments and remind the redditor that Reddit is making money off the comment and the information is being used by AI and they aren't seeing a dime of it.
It was going to get scraped and used by AI anyway? Given that I'm not sure I care that much if reddit makes a bit of cash off it. Honestly, this is the future, if it's publically available on the internet it's going to be scraped and used by AI. The inevitable consequence of which is probably more conversation moves into private places like Discord. But that's the future we're in, it's not gonna get rolled back.
Everyone is privacy focused until they're not
Re: Google cut a deal with Reddit for AI training data
#43This must be the real reason for destroying public API access.
Re: Google cut a deal with Reddit for AI training data
#44AI is about to become really sarcastic, pedantic, and absurdly moralistic
Re: Google cut a deal with Reddit for AI training data
#45oh cool so the contributors of the data are all getting paid?
> oh cool so the contributors of the data are all getting paid? If people on reddit wanted to get paid for their opinions, they wouldn't be posting them for free on a publicly accessible forum that does not even require an account to view... This same sentiment came up when StackExchange started to use/sell StackOverflow posts for AI training too - yet everyone arguing that position failed to recognize StackExchange…
Re: Google cut a deal with Reddit for AI training data
#46Some of Reddit’s success can be attributed to the difficulty of getting your personal blog indexed about your ‘87 Nissan Sentra anymore on Google.
Re: Google cut a deal with Reddit for AI training data
#47I can't wait to search for who the Republican nominee is, and Google tell me to kill myself.
Re: Google cut a deal with Reddit for AI training data
#48$60M/year for GOOG to access all their data when they purport to be targeting a $5B valuation at IPO is really cheap. Arguably Reddit's value is it's data, and GOOG is renting it for 1.2%/year?
> Arguably Reddit's value is it's data Reddit has a chicken and egg problem - nobody knows what the value of it's data even is. They've never sold it before. You can sell pet rocks for 1 billion dollars, but nobody will value them if there's been 0 sales. (ask vs bid vs last sale price). I'm guessing reddit is rushing to sell their data so they can show that their data is worth anything at all.
Do we know this?
Re: Google cut a deal with Reddit for AI training data
#49Re: Google cut a deal with Reddit for AI training data
#50Hm, now I have to wonder if it'd be possible to create a tool that poisons your Reddit posts so they look fine to a human but completely trash LLM output. I'm not saying we should do it, but it's a fascinating thought.