Steve Huffman, CEO of Reddit, stands on the bottom of the New York Stock Exchange (NYSE) after he has accused a share price of 47 US dollars in his first public offer (IPO) on March 21, 2024 in New York City.
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For 20 years, Reddit has adapted as “the front page of the Internet”. AI threatens to change that.
Since social media have changed on short -form videos in the past two decades with the relocation to mobile and the newer focus, colleagues such as MySpace, DIGG and Flickr have been forgotten. Meanwhile, Reddit has refused to die of chugs with over 108 million daily users who gather in more than 100,000 Subreddit communities. There, Reddit users keep it old school and leave simple text comments on each other about their favorite hobbies, time disk and interests.
These text comments created by users are a treasury that Reddit fights in the age of artificial intelligence to defend.
The emergence of AI chatbots such as Openais Chatgpt, Anthropics Claude and Google Gemini threatens to breathe in large databases from services such as Reddit. Since more people turn to chatbots to obtain information for which they have previously been on websites, Reddit faces a gigantic challenge that new users obtained, especially when Google's search locks dry.
CEO Steve Huffman explained Reddit's situation in May in May and said that challenges such as the one Ki poses can also create opportunities.
While the “Search ecosystem constructs”, Huffman said that he would bet that the voices of Reddit will highlight it in the middle of the “commented sterile answers from AI”.
Huffman doubled in this term last week and said in a podcast that reality in reality was still in its infancy.
“There will always be a need, the desire that people with people talk about things,” said Huffman. “We will be concentrated here.”
Huffman may have properly loyal On Reddit. And there may be no easier way to find answers on the Internet than simply ask Chatgpt a question, said Smarty.
“People don't want to click,” she said. “You just want these quick answers.”
Protection of Reddit's data from KI
In a sign that the company believes so deeply in the value of its data, Reddit sued Anthropic at the beginning of this month and claimed that the KI startup had “illegal and unfair business records” by scratching subreddits for information to improve its large voice models.
While book authors have taken as long as Meta And Anthropic to Court, who claims that their AI models have violated the right to copyright and have suffered the latest losses, Reddit supports his complaint on the argument of unfair business practices. Reddit's case seems to be on Anthropic's “Commercial exploitation of the data that you do not have”, said Randy McCarthy, head of the IP legal group in Hall Estill.
Reddit defends his platform with user-generated content, said Jason Bloom, IP legal dispute manager at the Haynes Boone law firm.
The repository of the social media company for “detailed and informative discussions” is particularly useful for “training an AI -Bot or an AI platform,” said Bloom. As many AI researchers have noticed, Redid's big volume in moderated conversations can help Ki-Chatbots provide more natural answers to questions on countless topics than a textbook on university failures.
Although Reddit with Openai and Google has AI-related data license agreements, the company claimed in its complaint that Anthropic sucks on its data without receiving permission. Reddit claims that Anthropic's data hovering campaigns “disrupt the contractual relationships from Reddit to Reddit users,” says the legal registration.
This lack of clarity about what is permissible when it comes to using data scratches for AI is what is going on in Redit's case and other similar complaints, according to legal and AI experts.
“Commercial use requires commercial terms,” said Huffman in the best podcast. “If you use something – content or data or a resource – you pay for it.”
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Anthropic does not agree “with Reddit's demands and will vigorously defend us,” a company spokesman told CNBC.
Reddit's decision to sue the claims of unfair business practices instead of copyright infringement underlines the differences between traditional publishers and platforms such as Reddit, the content created by users in the users, said McCarthy.
Bloom said that Reddit could have a valid case against Anthropic, since Social -Media platforms have many different sources of income. Such an income current sells access to your data, said Bloom.
The “enables you to sell and licens this data for legitimate uses and at the same time protect consumers' privacy and so on,” said Bloom.
Fighting with AI fight
Reddit will not only hand in. It started its own Reddit answers in December, whereby the technology of Openai and was used Google.
In contrast to general chatbots that summarize the websites of others, the Reddit answer Chatbot generates answers that are only based on the social media service and transfer people to the source conversations so that they can see the specific user comments. A Reddit spokesman said that over 1 million people use Reddit responses every week.
Huffman recorded Reddit answers as the best-of-Both-world-tool and glued the simplicity of AI chatbots together with Redits Corpus of Commentary. He used the feature after recently seen in San Francisco Justice Justice Justice.
“I thought how long does this set take? And Reddit could tell me that it was 90 minutes because someone has already asked this question on Reddit,” said Huffman in the podcast.
Although investors are concerned that AI negatively influences Reddit's user growth, the senior internet analyst Aaron Kessler votes that he fell with Huffman's feeling that the original content of the website gives its permanent electricity.
People who visit Reddit often look for information about things or places in which you can be interested, such as tennis racks or ski area, said Kessler. These user data show “commercial intent”, which means that advertisers Reddit are increasingly regarding as a place for online ads, he said.
“You can see which side you are within Reddit, which the consumer is interested in,” said Kessler. “You could probably even argue that there are more signals on Reddit compared to a Facebook or Instagram where people may only search videos.”
REGARD: Reddit sues anthropically, claims to use the illegal use of content.
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