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.

  • ilinamorato@lemmy.world
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    8 months ago

    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@lemmy.world
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      8 months ago

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

      • ilinamorato@lemmy.world
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        8 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@lemmy.world
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      8 months ago

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

      So that’s gonna be helpful lol