BecomeMe

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Social Experiment. Become Me. What I see, you see.

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Renneder

Reddit signs content licensing deal with AI company ahead of IPO, Bloomberg reports (finance.yahoo.com)

submitted 10 months ago by Renneder to c/becomeme

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[–] [email protected] 6 points 10 months ago (1 children)

As always, if you're using the service for free, you're the product.

[–] paulcdb 1 points 10 months ago

Except its not free. This is the lie no-one seems to understand.

Every product you buy has a % set aside for marketing. No company is sitting there thinking “oh look, free money just fell from the sky. Lets advertise so more people can have free stuff” or “oh, profits are up, lets put all those profits into advertising so people get even more free stuff”

But people don’t see seem to understand that no-one in advertising has an unlimited hole of cash they dip into to pay to advertise on sites so they can browse the site for free, you pay for reddit, etc every time you buy products!