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
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
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.
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