geteilt von: 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 :-)

geteilt von: https://feddit.de/post/9071786

Die Nachrichtenagentur Reuters berichtet, dass Reddit mit einem Unternehmen einen Lizenz-Vertrag in Höhe von jährlich 60 Millionen Dollar abgeschlossen hat, um diesem beim KI-Training zu helfen – mit den Beiträgen der Nutzer.

Mit über 50 Millionen täglich aktiven Nutzern und mehr als 100.000 aktiven Communities bietet Reddit eine Fundgrube für das Training von KI-Systemen.

Für Reddit bietet dies eine potenzielle neue Einnahmequelle neben der Werbung.

geteilt von: https://lemmy.world/post/5954570

I left a couple of months ago. Couldn't be happier.

The writing is on the wall. The leader thinks the Genius-with-hair-transplants is a superstar, despite destroying a globally recognised brand. Inspired by this, Spez is trying to get Reddit ready for an IPO. This means, maximise profits by any means.

Translation: "u/spez is the son of a bitch!"

Fuck u/spez

geteilt von: https://feddit.de/post/1403407

Das wars dann wohl nach 10 Jahren auf reddit und als Mod, der ich_iel von den ersten 200 Abonnenten bis hin zu 800.000 Zuhausis begleitet hat.

Fick Lases meine Kerle.