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Reddit CEO Steve Hafman stands on the floor of the New York Stock Exchange (NYSE) after March 21, 2024 in New York in New York, setting a $ 47 stock price.
Spencer Plath | Getty Images | Gets the image
For 20 years, Reddit He considered himself as “the main page of the Internet”. AI threatens it to change.
Because social media has changed over the past two decades with the transition to mobile and later emphasis on a brief video form, such peers as MySpace, Digg and Flickr, faded into oblivion. Meanwhile, Reddit refused to die, fighting and scoring more than 108 million users daily in more than 100,000 Subreddit communities. There, Reddit users keep it at school and leave simple text comments about their favorite hobbies, entertainment and interests.
These comments generated by users are a treasure trove that fights for protection in the Reddit artificial intelligence.
The appearance of AI chatbots like Openai’s Chatgpt, anthropic Claude and Google’s Gemini threatens to inhale huge data from services such as Reddit. As more people turn to chats for the information they previously moved to the web -rests, Reddit faces Gargantuan Challeng Searching for gateways dries.
CEO Steve Hafman interpret The Reddit situation to analysts in May, saying that problems as one AI can also create opportunities.
While the “search ecosystem is under great construction”, Hafman said he was betting that Reddit users will help her stand out against the backdrop of “annotated sterile answers from II.”
Last week, Hafman doubled on this concepts saying on pipeline that the reality of the II is still in its infancy.
“There will always be a need, the desire of people to talk to people about things,” Hafman said. “That’s where we will be concentrated.”
Huffman may be correct in relation on Reddit. And there may not be an easy way to find the internet answers than just asking the Chalpt question, Smori said.
“People don’t want to push,” she said. “They just want these quick answers.”
As a sign that the company so deeply believes in the value of its data, Reddit are suing the court to court Anthropic earlier this month, claiming that the AI startup “was engaged in illegal and unfair business acts”, jumping Subreddits for information to improve its large language models.
While the authors of the books took such companies as Meta and Anthrop to a court that claims their AI models violate copyright law and suffered recent lossesReddit relies on its lawsuit for an unjust business practice. The Reddit case appears to be the center of “commercial data exploitation that they do not possess,” – said Randy McCarty, head of the IP legal group in Estil.
Reddit protects its content platform generated by the user, said Jason Blum, Chairman of the IP trial at Haynes Boone’s law firm.
The company’s social media repository “Detailed and informative discussions” especially useful for “AI Bot or AI Platform,” Bloom said. According to many AI researchers, a large volume of modeled Reddit conversations can help make AI chatbots produce more natural sounds on questions that cover countless topics than the university textbook.
Although Reddit is related to AI Data licensing agreements With Openai and Google, the company stated that in its lawsuit that the anthropic hiddled their data without receiving permission. Reddit claims that anthropic data ‘actions “hinder the Reddit Contracting Relations with Reddit users,” the application said.
This is the lack of clarity regarding what is allowed when it comes to using data scraping for AI is that the case is Reddit and other similar lawsuits said that AI legal and experts are.
“Commercial use requires commercial conditions,” Hafman said at the best but podcast. “If you use anything – content, data or some resource – in the business you pay for it.”
Avihek das | Soup images LightRockket | Gets the image
Anthropic disagreement “Reddit requirements will be vigorously defending itself,” said CNBC’s press secretary.
The Reddit decision sue the claims to unfair business practice instead of copyright infringement emphasizes the differences between traditional publishers and platforms, such as the Reddit that makes the user’s content, Makartky said.
Bloom said Reddit could have a real case against anthropic because there are many different revenue flows in the social media platforms. One of these revenue flows is the sale of access to its data, Bloom said.
This “allows them to sell and license that the data for the legitimate use while protecting the privacy of consumers and what is,” Bloom said.
Reddit does not just affect the II. It launched its Reddit responds to AI service In December using technology with Openai and Google.
Unlike conventional chats that summarize other people’s web pages, Reddit responds to Chatbot, creates answers based solely on social media service, and it redirects people to talking to sources so that they can see specific users’ comments. The Reddit spokesman said more than 1 million people use Reddit answers each week.
Huffman acts on Reddit Answers as the best tool in the world, gluing the simplicity of AI chatbots with Corpus Compuse Corpus Reddit. He used this function by seeing the Elevist Music Group recently in San Francisco.
“I liked how long this set? And the Reddit could tell me that it was 90 minutes because someone had already asked this question on Reddit,” Hafman said in the podcast.
Despite the fact that investors are concerned that AI has a negative impact on Reddit users’ growth, the Senior Internet -analyst Seaport Aaron said he agreed to Hafman’s sentiments that the initial content of the site gives him the power.
People who visit Reddit often seek information about things or places that may interest them, such as tennis rackets or ski resorts, Kesler said. User data show that “commercial intentions”, which means that advertisers are increasingly viewing Reddit as a place to run online, he said.
“You can say on which page you are in Reddit, which is interested in the consumer,” Kesler said. “You can probably even say that Reddit has stronger signals against Facebook or Instagram where people can just view the video.”