Comment on Reddit Stock Collapses 23% as AI Eats Away at User Growth
Thorry@feddit.org 2 weeks ago
Step 1: Sell data to AI companies Step 2: ??? Step 3: Profit
They are now finding out step 2 is getting absolutely destroyed by AI not sending people along to their platform. And the profit in step 3 is for the AI companies, not for them.
These CEOs are so shortsighted it’s beyond belief. Sure Google paid hundreds of millions for the data, but in turn it’s a death sentence for the platform. But hey it was money in the short term right?
PatheticGroundThing@beehaw.org 2 weeks ago
The data would eventually be scraped anyway, wouldn’t it?