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Reddit sells training data to unnamed AI company ahead of IPO
(arstechnica.com)
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this post was submitted on 20 Feb 2024
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Which will probably last for about one year, long enough to boost IPO valuations, then openAI (we all know who's buying it) will cancel their contract because it's too expensive and Reddit does not actually generate enough unique content yearly to be worth continuously training on. Then the death spiral happens again.
Fuckin' Spez will squeeze Reddit until the head pops. The only thing meticulously planned, is the flow of money to his accounts. The fastest flow.