Only $60M? Damn.. Reddit is for the streets.
And that's a sweet deal for Google, paying pennies to partially patch their deteriorating reputation about their search engine becoming useless.
Google cut a deal with Reddit for AI training data
101–110 of 154 posts
Re: Google cut a deal with Reddit for AI training data
#102Earlier quoted context omitted.
1. It is pointless to compare total company value with an annual payment. 2. It isn't an exclusive license. There are dozens of companies training language models, and if they are all forced to pay the same amount then that's some serious cash.
I thought that's really cheap too. Tacking on "wiki" and "reddit" probably accounts for ~50+% of my google searches now. From that perspective $60M annually feels really low-- reddit search is probably a quarter of the value that google search offers me as a consumer.
Reddit data is already part of Google's search index for free, and there is zero chance they are going to block that. This added payment is specifically for training AI models.
Re: Google cut a deal with Reddit for AI training data
#103Only $60M? Damn.. Reddit is for the streets. And that's a sweet deal for Google, paying pennies to partially patch their deteriorating reputation about their search engine becoming useless.
Lol, it's essentially just advertisement and psyops bots, echo chambers and specific discussions in specific subreddits at this point.
Re: Google cut a deal with Reddit for AI training data
#104$60 M for absolutely cutting edge dick joke generation in next gen LLMs. I question whether Reddit data is worth anything at all.
Reddit and Facebook Groups (the latter being much better) are the only 2 places I can search for reviews or recommendations to pretty much anything these days. Google & co. are impossible to use for "best" anything
Re: Google cut a deal with Reddit for AI training data
#105I know reddit has hired a lot. This sort of feel like a fundraising round to keep operations afloat. This must be the real reason for destroying public API access.
In the long term no company offers free unlimited APIs like that. It was a dumb decision to offer it in the last 5 years
Re: Google cut a deal with Reddit for AI training data
#106Reddit blocks all search engines from crawling their comments, essentially blocking all user generated contents.
See this directive in https://www.reddit.com/robots.txt `Disallow: /r//comments////*`
But I can still search Reddit on Google. How does Google manage to get the data?
Re: Google cut a deal with Reddit for AI training data
#107$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?
If the value of Reddit was its data, then it should have encouraged more people to use it, instead of e.g. cutting off almost every Android and iPhone app.
My usage went completely downhill and my posts/comments as well
Re: Google cut a deal with Reddit for AI training data
#108Earlier quoted context omitted.
Confidently wrong? I thought it was getting access to Reddit, not HN.
Hate on HN all you want, I’ve been without my ADHD meds (warning: the company “Done” is not technically a scam) and spending way too much time on each for the past few days, and I can say this for sure: at least people on HN pay heed to the concept of premises and careful, non-combative argument. Most responses on Reddit are “no, that’s dumb” or “yes, that reminds me of my metaphysical takes”…
Not only that, reddit hive mind is plain wrong in most of the cases. Plus in number of occasions the "le reddit investigation", "we did it reddit" excrement caused real-world issues for people that they were targeting, and those people were innocent.
Reddit is ok and quite cool for targeted discussion on targeted sub-reddits. But all the general subreddits visited by general population and everything that pops once in a while on the front page is a target for hive mind.
For HN comparison, there is a lot of "wrong" here too, but here you can find a cited academic study from one good American university that reveals most of the botfarms and fake news disseminators come from western sphere. If you try to claim on Reddit or anywhere on the internet that fake news champion is not Russia+China+whoever is evil, your entry will get buried.
Also, ask yourself who's the median redditor. For my country's national subreddit the median redditor is a high school kid from the capital.
Re: Google cut a deal with Reddit for AI training data
#109Just a reminder this exists:
Re: Google cut a deal with Reddit for AI training data
#110Earlier quoted context omitted.
> 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…
> 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... People post on the internet 'for free' with the expectation that they're discussing ideas which have their own value, not providing training data. Yeah yeah ToS blah blah blah, but the goodwill that sites have built – even ones like HN – is…
Except you were "enriching shareholders" before. How did Reddit become so valuable and earn so much revenue in the first place?