this post was submitted on 01 Oct 2025
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[–] hayvan@feddit.nl 61 points 14 hours ago (4 children)

I don't care about their stock value but the situation fells so weird. So chatgpt refers to reddit less, and that makes reddit stock value fall. This really shows how much of the share value is pure hype and how much of "the economy" is pure manupulation of numbers instead of actual value.

[–] AAA@feddit.org 17 points 11 hours ago

That's actually quite easy to explain. Reddits entire monetary value (or at least a very large portion) depends on how relevant it is as platform to mine user interactions - to use as training material for AI.

Reddit getting references less is a sign that the models, or the owning companies, value reddit data less compared to before.

[–] RememberTheApollo_@lemmy.world 23 points 13 hours ago (2 children)

How decoupled stocks are from reality or value. It’s bizarre.

[–] bitjunkie@lemmy.world 16 points 13 hours ago (1 children)

Tesla is "larger" than all other car companies combined when they're virtually always "delayed" on actually shipping product. We live in bizarro world. Your livelihood is a single cell in a giant spreadsheet full of completely made-up numbers.

[–] elucubra@sopuli.xyz 7 points 13 hours ago (1 children)

Tesla sells itself as a technology innovation company, but it sells hype.

[–] skisnow@lemmy.ca 11 points 12 hours ago

The thing that baffles me on that one is that it doesn’t stand up on its own terms. None of Tesla’s tech in 2025 is ahead of its competitors, and they’ve become so toxic as a brand that most top tier engineers don’t even want to work there.

[–] utopiah@lemmy.world 2 points 12 hours ago
[–] r0ertel@lemmy.world 5 points 11 hours ago

You just described most tech stocks.

As Cory Doctrow explains:

the fundamental duty of every CEO of every high-growth tech company: explaining how his company will continue to grow. These growth stories are key, because growth stocks trade at a huge premium relative to the stocks of "mature" companies.