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Reddit signs $60M content licensing deal with AI company

reuters.com

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Re: Reddit signs $60M content licensing deal with AI company

#31

Post by stainablesteel »

blindriver wrote: post #23

This is exactly my point for many years now. Reddit exists because of the free work of the various subreddit communities and their moderators. And in return they get nothing. But the company, the investors and employees will all become rich off of it. It’s weird how no one cares that Reddit isn’t trickling down anything to the people that make the site a success.

the social ostracization is particularly strong on reddit, any revenue sharing would immediately come into a conflict with the intelligence agencies that run their psyops there

and its even worse because its basically the best formatted social media with the worst demographics now, aka most potential and worst execution, so its a dataset of decreasing size compared to other social media now

when it comes to training its hypothetically a particularly great dataset because you can choose to include or exclude text topics as input based on subreddit or thread, its so well organized

Re: Reddit signs $60M content licensing deal with AI company

#32

Post by awb »

blindriver wrote: post #23

This is exactly my point for many years now. Reddit exists because of the free work of the various subreddit communities and their moderators. And in return they get nothing. But the company, the investors and employees will all become rich off of it. It’s weird how no one cares that Reddit isn’t trickling down anything to the people that make the site a success.

Mods/users get access to a massive user base and a world-class platform at no acquisition or operational cost to them.

Re: Reddit signs $60M content licensing deal with AI company

#34

Post by mandmandam »

chollida1 wrote: post #29
blindriver wrote: post #23

This is exactly my point for many years now. Reddit exists because of the free work of the various subreddit communities and their moderators. And in return they get nothing. But the company, the investors and employees will all become rich off of it. It’s weird how no one cares that Reddit isn’t trickling down anything to the people that make the site a success.

Every year, I pay to play hockey. I pay for new equipment, jerseys, referees and ice time. And the arena gets paid by selling food to people who come to my games, sell advertising on the boards, beer to fans. What do I get and why is none of this money trickling down to me? Clearly I get the enjoyment of being Canadian and playing hockey. Reditors are no different. None of them were tricked, they participate on the s…

> None of them were tricked

They were tricked from day one, when the founders pretended to be different people to make the site look busier than it really was.

They are tricked every day by bots, troll farms, spammers, astroturfers, bought-out moderators, corrupt admins, etc.

Go look at the founders page, where Aaron Swartz used to be.

Look into who maxwellhill probably was (first Redditor to a million karma and mod of some huge and deranged subs like worldnews).

Look into how certain keywords get shadowbanned.

Look into the mod and admin cabals with their private agendas.

Look into the way many national subs were taken over in quiet coups.

There are nice things about Reddit, even today, but the idea that users know what they're getting into is deeply naive.

Re: Reddit signs $60M content licensing deal with AI company

#35

Post by nutate »

blindriver wrote: post #23

This is exactly my point for many years now. Reddit exists because of the free work of the various subreddit communities and their moderators. And in return they get nothing. But the company, the investors and employees will all become rich off of it. It’s weird how no one cares that Reddit isn’t trickling down anything to the people that make the site a success.

And to celebrate the free for free internet of the past, google is finally finishing its acquisition of dejanews by shutting down their usenet indexing. https://support.google.com/groups/answer/11036538?visit_id=6...

Re: Reddit signs $60M content licensing deal with AI company

#36

Post by mtillman »

leobg wrote: post #17

How can they license something that they didn’t author? Yes, they have TOS. But training generative AI wasn’t something that existed when ~99% of Reddit’s content was created, hence users could not possibly have consented to it. Besides, at least in Germany, TOS cannot contain regulations that are “surprising” or “unexpected”. Using my content to serve ads is one thing I might expect. But licensing it out for a fee t…

It’s an American company. Bullets didn’t exist when the 2nd amendment was created but they’re still protected as arms. Also, basic internet concept, if you do something on someone else’s property, it’s theirs. This site is also a source of training material for ML and has been for a very long time.

Re: Reddit signs $60M content licensing deal with AI company

#37

Post by nroets »

leobg wrote: post #17

How can they license something that they didn’t author? Yes, they have TOS. But training generative AI wasn’t something that existed when ~99% of Reddit’s content was created, hence users could not possibly have consented to it. Besides, at least in Germany, TOS cannot contain regulations that are “surprising” or “unexpected”. Using my content to serve ads is one thing I might expect. But licensing it out for a fee t…

Perhaps it isn't legally a license deal, but rather unlimited scraping i.e. database access.

The AI company just trains their models on that and aren't creating derivative work in the legal sense.

Re: Reddit signs $60M content licensing deal with AI company

#38

Post by CamelCaseName »

> worth $60 million on an annualized basis

Reddit is pulling out all the stops for their upcoming IPO and it still amounts to nearly nothing.

Bringing back r/place to juice user count, killing the API, destroying their mobile site, and that's just the start.

That's why they are only planning a "very small float", there's simply no interest.

It seems even at just $5 billion, the valuation is too rich.

Re: Reddit signs $60M content licensing deal with AI company

#39

Post by chollida1 »

mandmandam wrote: post #34
chollida1 wrote: post #29

Earlier quoted context omitted.

Every year, I pay to play hockey. I pay for new equipment, jerseys, referees and ice time. And the arena gets paid by selling food to people who come to my games, sell advertising on the boards, beer to fans. What do I get and why is none of this money trickling down to me? Clearly I get the enjoyment of being Canadian and playing hockey. Reditors are no different. None of them were tricked, they participate on the s…

> None of them were tricked They were tricked from day one, when the founders pretended to be different people to make the site look busier than it really was. They are tricked every day by bots, troll farms, spammers, astroturfers, bought-out moderators, corrupt admins, etc. Go look at the founders page, where Aaron Swartz used to be. Look into who maxwellhill probably was (first Redditor to a million karma and mod…

I mean, those are all things that happened on reddit but that has nothing to do with what I said.

I was very specifically talking about users not being tricked into thinking they were going to be paid for posting content on reddit.

Your comment, as far as I can tell, has nothing at all to do with that.

Did you mean to reply to a different comment?

Re: Reddit signs $60M content licensing deal with AI company

#40

Post by timeon »

bryan0 wrote: post #24
cuckatoo wrote: post #21

They could've saved themselves $60M by just downloading the torrent of the data.

Not if you include expected future legal fees. This also seems to imply if you train on Reddit data without a license Reddit will sue you.

But there is lot of content on Reddit wich is not original. Often just screen-shoted/reposted licensed content. Will this be 'reddit-washing' of original licenses?
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