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Reddit sells training data to unnamed AI company ahead of IPO (arstechnica.com)

submitted 9 months ago by VITecNet@programming.dev to c/technology@lemmy.world

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[–] Undearius@lemmy.ca 9 points 9 months ago (1 children)

And what value is a commodity that is available to everyone?

I don't disagree with your point but I'm sure it couldn't be sold for as much as when it's a limited resource.

[–] FaceDeer@kbin.social 1 points 9 months ago (1 children)

The value comes from the work that can be done with it. If you can train an AI off it then it's worth something.

[–] Undearius@lemmy.ca 5 points 9 months ago (1 children)

It's one thing if you're processing and doing work with the data but Reddit will be getting $60,000,000 a year for simple having the data.

[–] FaceDeer@kbin.social 1 points 9 months ago

They can't do the work without the data, though.

Or rather, they can't do the work without the risk of Reddit raising a legal fuss that would cost them more than $60 million. The data itself can already be downloaded for free from various places.