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.
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.
I’m not sure that conclusion follows. There are many more potential future users than there are current users.
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.
Google is paying something around $60m a year for AI training on reddit content
So that’s gonna be helpful lol