this post was submitted on 31 Jul 2026
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Reddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappoints (finance.yahoo.com)
submitted 7 hours ago by themachinestops@lemmy.dbzer0.com to c/technology@lemmy.world
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[–] RamRabbit@lemmy.world 6 points 6 hours ago* (last edited 6 hours ago) (1 children)

The user discussion platform company’s latest earnings report did not announce any new artificial intelligence data licensing agreements

AI scraping was a one-time deal, Reddit chased off a huge portion of their users, and AI companies need pre-AI comments, not the current AI-infused comments.

[–] mfed1122@discuss.tchncs.de 3 points 6 hours ago

Yeah idk how the investors could be so dumb. Well, I mean, I do. But still. Exactly as you said, AI companies can just... Steal the data they want. Sooo