this post was submitted on 24 Feb 2024
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A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock. (www.theverge.com)
submitted 9 months ago by L4s to c/technology
197 comments fedilink hide all child comments
 

A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.

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[–] ilinamorato 36 points 9 months ago (2 children)

Reddit warned us that its users were a risk factor

This means they're positioning themselves solely as a source of training data. If their users are a risk factor, not the entire product, they're completely uninterested in maintaining a user base and think that what they have is all they'll ever need to sell.

[–] ghterve 2 points 9 months ago (1 children)

I'm not sure that conclusion follows. There are many more potential future users than there are current users.

[–] ilinamorato 4 points 9 months ago

That's the logical framing. But if they believed that, they wouldn't call their users a risk factor; they'd be the entire product.

[–] Hoomod 1 points 9 months ago

Google is paying something around $60m a year for AI training on reddit content

So that's gonna be helpful lol