UselesslyBrisk

Reddit CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise new sources of income.

Huffman raised the prospect during an earnings call in which he said Reddit would also be testing AI-powered search results later this year … Reddit’s drive for cash

Reddit has been very focused on making money both in the run-up to its IPO, and since.

The first big news on this front was more than a year ago, when the company started charging developers for API calls, forcing the closure of the popular third-party app Apollo. That led to wide-scale protests that the company had to forcibly shut down.

It was subsequently revealed that the company had signed a deal with Google to allow Reddit posts to be used as training data, which subsequently saw the company blocking all other search engines. AI search could generate ad revenue Top comment by John Atkinson Liked by 7 people

I have doubts that this could work in practice, primarily because a big part what makes reddit useful is the ability for anyone to comment, you'd lose the people who have knowledge but aren't going to spend money to share it. Then there's moderation; is reddit going to pay for moderation because its a paid premium experience, unlikely as they just want money but then who is going to spend the money to moderate ie who's going to pay to volunteer for a company; or will moderators get free access in which case how do you get the moderators in the first place?

What will likely happen is these paid subreddits will end up being just like the wave of dead subreddits, you'll occasionally see a post that might get some interaction but it's not people's go to place. They may get a ton of people for the first month or two trying it out(especially if there's a free trial) but very few people will be interested in paying and the subreddits will die down until no one is left, after all if there's no content then why would you keep paying and it would enter a death spiral as more people have that same thought. View all comments

Engadget reports that Huffman now sees AI-powered search as a potential revenue source.

During the call, the Reddit co-founder said the company would begin testing AI-powered search results later this year [and] that search could one day be a significant source of advertising revenue for the company.

Some subreddits could be paywalled

More worryingly, Huffman also hinted that in future some subreddits could be paywalled.

He suggested that the company might experiment with paywalled subreddits as it looks to monetize new features. “I think the existing, altruistic, free version of Reddit will continue to exist and grow and thrive just the way it has,” Huffman said. “But now we will unlock the door for new use cases, new types of subreddits that can be built that may have exclusive content or private areas, things of that nature.”

What am I doing wrong. I know that community exists. Just cant sub to it through my account.

A former executive at TikTok’s parent company ByteDance has claimed in court documents that the Chinese Communist Party (CCP) had access to TikTok data, despite the data being stored in the US. The allegations were made in a wrongful dismissal lawsuit which was filed in May in the San Francisco Superior Court.

Paragon Solutions is yet another Israeli spyware company. Their product is called “Graphite,” and is a lot like NSO Group’s Pegasus. And Paragon is working with what seems to be US approval :

American approval, even if indirect, has been at the heart of Paragon’s strategy. The company sought a list of allied nations that the US wouldn’t object to seeing deploy Graphite. People with knowledge of the matter suggested 35 countries are on that list, though the exact nations involved could not be determined. Most were in the EU and some in Asia, the people said.

Remember when NSO Group was banned in the US a year and a half ago? The Drug Enforcement Agency [uses] (https://www.nytimes.com/2022/12/08/us/politics/spyware-nso-pegasus-paragon.htm ) Graphite.

We’re never going to reduce the power of these cyberweapons arms merchants by going after them one by one. We need to deal with the whole industry. And we’re not going to do it as long as the democracies of the world use their products as well.

Also a good conversation here: https://news.ycombinator.com/item?id=36227166

EDIT: Changed the link to an archive.org version.

One of the most expensive aspects of any cybercriminal operation is the time and effort it takes to constantly create large numbers of new throwaway email accounts. Now a new service offers to help dramatically cut costs associated with large-scale spam and account creation campaigns, by paying people to sell their email account credentials and letting customers temporarily rent access to a vast pool of established accounts at major providers.

Full details on link.