this post was submitted on 23 Feb 2024
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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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[–] [email protected] 56 points 8 months ago (38 children)

I just went over to Reddit to see what people were saying about the recent news. It’s sad that people are so down on this news yet they refuse to leave. Buncha addicts

[–] [email protected] 47 points 8 months ago (27 children)

It still amazes me that there are people on Reddit who are upset about this but still keep using Reddit lol!

Even if they're "addicts" it's not like there's no where else to go! That's like an alcoholic finding out that their favorite brand of whiskey is laced with lead and arsenic but still continuing to drink it instead of just changing brands!

I guess there are still some people there who naively think that it's all somehow going to go back to what it used to be, but at this point it mostly seems like pure laziness

[–] [email protected] 1 points 8 months ago

Late but could u name some alternatives like lemmy

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