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Reddit: 'We Are in the Early Stages of Monetizing Our User Base' (www.404media.co)
submitted 8 months ago by Blaze@reddthat.com to c/reddit@lemmy.world
56 comments fedilink hide all child comments

cross-posted from: https://infosec.pub/post/8775123

Reddit said in a filing to the Securities and Exchange Commission that its users’ posts are “a valuable source of conversation data and knowledge” that has been and will continue to be an important mechanism for training AI and large language models. The filing also states that the company believes “we are in the early stages of monetizing our user base,” and proceeds to say that it will continue to sell users’ content to companies that want to train LLMs and that it will also begin “increased use of artificial intelligence in our advertising solutions.”

The long-awaited S-1 filing reveals much of what Reddit users knew and feared: That many of the changes the company has made over the last year in the leadup to an IPO are focused on exerting control over the site, sanitizing parts of the platform, and monetizing user data.

Posting here because of the privacy implications of all this, but I wonder if at some point there should be an "Enshittification" community :-)

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[-] PlexSheep@feddit.de 2 points 8 months ago

What does that have to do with revanced? That's YouTube clients? And is there any news on revanced being shut down somehow?

[-] Kabloink@lemm.ee 3 points 8 months ago

Revanced allows you to insert your own Reddit developer token into third party reddit apps like redditisfun. Which let's them access the Reddit api.

this post was submitted on 23 Feb 2024
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