How years of Reddit posts have made the company an AI darling
Artificial-intelligence companies were one of Reddit’s biggest frustrations last year. Reddit Chief Executive and co-founder Steve Huffman has said the company had to stop giving away its valuable data to the world’s largest companies for free. Reddit’s huge amount of data works well for AI companies because it is organized by topics and uses a voting system instead of an algorithm to sort content quality, and because people’s posts tend to be candid. Reddit’s willingness to sell its data to AI outfits makes it stand out, because there is only a finite amount of data available for AI companies to gobble up for free or purchase. However, it is unclear exactly how much future financial value Reddit’s data-licensing deals with AI companies hold.
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