Reddit: 'We Are in the Early Stages of Monetizing Our User Base'
Reddit: 'We Are in the Early Stages of Monetizing Our User Base'
Reddit's filing with the SEC makes clear that training AI with user posts is a core part of Reddit's new business model.
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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Reddit has long had an issue with confidently providing false statements as fact. Sometimes I would come along a question that I was well educated on, and the top voted responses were all very clearly wrong, but sounded correct to someone who didn't know better. This made me question all the other posts that I had believed without knowing enough to tell otherwise.
Llms also have the same issue of confidently telling lies that sound true. Training on Reddit will only make this worse.
Yeah all of my most down voted reddit comments were the ones where I replied about something I'm an actual expert in. Scary stuff
The voting system let's people push comments to the top that they want to be true, not necessarily things that are true.
There's also the issue of reddit comment sorting being entirely dominated by time. In something like 90% of posts, the top comment is one of the first five. Literally all you have to do is just comment first, and it'll likely be the top.
I noticed from the beginning that Lemmy's default comment sorting improves visibility of a variety of comments including newer ones. Gee, I wonder who could have helped make it that way ;)
Over the years I ended up getting a Reddit habit of replying to one of the top comments so that it could attain some visibility. I still do sometimes but less often on Lemmy.
Because it's like old forums where the first person to comment gets engagement
Some of the better subreddits tried to mix it up and change how this affected upvotes. There was Muxing,..etc etc.. But then,.. Spez came in (back) and didn’t give af about anything at all except money.
First time I'm hearing about this, can you give any links? Maybe we could use something similar in lemmy
Muxing upvotes , “balances”, etc.
Even hiding all upvotes of every comment thread until ~12 hrs after posting.
I'm still not sure what those first two mean.
Hiding vote counts is a good idea imo however, having the info visible can influence people's judgement of the comment and cause people to also vote based on the existing score rather than just the comment itself.
This tends to give more influence to people who spend more time on it and write more. And they are less likely to be subject matter experts.
I strongly agree with this comment. To show my appreciation, you have my upvote. Had I only agreed a little bit, I might have not voted at all. If that comment had made me angry, I might have downvoted.
Actually calling these things votes instead of likes makes a lot of sense. I might not like a comment, but I might want it to be higher. I might not hate another comment, but I might want it to be lower because of other reasons.
Downvoting was always just fast food validation that you're better than someone else without having to actually back it up.
I spent 20 years as a producer, developer, and project manager in the lottery and games industry.
Trying to explain how lottery and games work to people and have them hear me makes me want to cry.
Fascinating! I’d love to hear a little about it, if you don’t mind.
Certainly, I'm always happy to share with inquisitive minds.
Is there any particular question you'd like me to address?
Not really, I never paid much mind to it. I’m curious about the whole industry I guess, or anything you’d like to share or set the record straight about.
Oh there's lots I have to set the record straight about and there's lots I could talk about, but without being asked a specific question that would just leave me to write an open-ended essay and I'm not up for it right now
@Fubarberry yes I saw this a lot too. Highly upvoted confidently incorrect comments, with the real answer or an answer debunking them with links to factual sources less upvoted.
Happened to me as well.
I am a lawyer and I would get down voted for posts explaining the law that contained citations to the actual applicable statute if people didn't like the statute. Using reddit up votes as a measure of correctness is fundamentally a dumb idea.
@collapse_already yeah Reddit also tended to mistake explanation for agreement and savagely downvote it.
but sounded correct to someone who didn’t know better
specious /spē′shəs/ adjective
Having the ring of truth or plausibility but actually fallacious. "a specious argument."and then the real answer will be hidden or something silly, or in some cases where money is involved the correct answer might have been removed
I would come along a question that I was well educated on, and the top voted responses were all very clearly wrong, but sounded correct to someone who didn’t know better.
This can be said to https://news.ycombinator.com/ as well. I wonder how much of this is due to sock puppets and bots.