cross-posted from: 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 :-)
Everyone wants to consume the content without doing the work to actually populate the content.
Exactly, that’s the issue. Leave reddit, start whatever community you want on Lemmy. Quit expecting others to do everything for you. Believe it or not, reddit didn’t have your favorite little niche until someone made it and started posting content. I’m tired of these lazy bullshit excuses for staying on reddit or any other traditional social media site for that matter.
We’ve become too accustomed to instant gratification. I know I’m guilty of it too; thankfully my predisposition to fight petty battles with corporations that don’t even care I exist helps motivate me.
The internet used to feel more vibrant and alive than it does now. These companies reward passive consumption and doomscrolling over conversations… even reddit is trying to become more like twitter.