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Reddit risks losing its identity in pursuit of profits (www.techzine.eu)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Reddit isn't profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform's API

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[–] Dark_Arc@lemmy.world 12 points 1 year ago (1 children)

But seeing the interviews he gave was just too much. Especially when he was talking about monetizing people who say things on Reddit they wouldn’t say to their therapist. Like, that group specifically you want to milk?

Wow, I actually hadn't heard that 🤯 It seems believable based on his other behavior though. It's honestly a shame, Reddit is a cool forum, but it's kind of like a nice restaurant where you know the owners are just awful people... And that really just ruins the experience of being there.

[–] SlowNoPoPo@lemm.ee 4 points 1 year ago

https://www.nytimes.com/2023/04/18/technology/reddit-ai-openai-google.html

Paywalled but he talks about the value of the data on Reddit for ai training, basically that he wants to get the money from people saying stuff they'd only say in therapy otherwise

Dude is a creep