this post was submitted on 31 Jul 2026
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(page 4) 39 comments
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[–] TheStaffmaster@lemmy.world 2 points 4 hours ago

I've said it before, and I'll say it again: I'm almost glad Reddit permbanned me two months ago. It's a shame Anonymous hasn't tried to DDoS u/Spez. Reddit needs the Ol' Yeller treatment.

[–] TropicalDingdong@lemmy.world 10 points 7 hours ago

What I think of reddit:

[–] UnderpantsWeevil@lemmy.world 8 points 7 hours ago

If it hasn't already moved onto the garbage heap, alongside it's precedessors, it's not long now.

[–] imaqtpie@sh.itjust.works 10 points 7 hours ago

You love to see it

[–] JiveTurkey@lemmy.world 6 points 6 hours ago

Fuck reddit.

[–] mfed1122@discuss.tchncs.de 10 points 7 hours ago (3 children)

"What's behind the move: The user discussion platform company's latest earnings report did not announce any new artificial intelligence data licensing agreements, disappointing investors who were expecting more revenue opportunities from AI partnerships.

Revenue of $804.9 million beat estimates of $731.8 million. However, US daily active users came in at 53.2 million, just shy of expectations of 54 million. The company's total daily active users grew by 18% to 130.3 million versus estimates of 130.07 million. "

Lmao. 53.2 vs 54, and the headline says that's why it's tumbling? Nah, it's gotta be just the AI. I bet most of the reddit investors were also invested in AI stock and wanted to use reddit to pump the others. Hilarious. The entire value of Reddit is human UGC.

[–] RamRabbit@lemmy.world 6 points 7 hours ago* (last edited 7 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

[–] givesomefucks@lemmy.world -1 points 7 hours ago (2 children)

1.8 million daily US users is significant...

It's not the main reason, which is why it was the second one listed. But it's still substantial.

And the reddit investors wanted AI deals, because that's about the only way to monetize Reddit.

If an AI company says they'll pay money for data Reddit has, that would make Reddits stock price go up.

Like, what are you even talking about?

[–] meco03211@lemmy.world 3 points 7 hours ago

0.8 million.

[–] mfed1122@discuss.tchncs.de 2 points 6 hours ago* (last edited 6 hours ago)

First off, that's a difference of 0.8M, not 1.8M. So you've got that significance overestimated by more than 100%.

The stock dropped 22%, which a metric missed by 1.48% does not at all explain. I don't think it's substantial at all. They essentially hit the target. Meanwhile revenue was $70M more than expected, which would be the main value of users anyways (aside from data selling, but then of course we get into the other factor...) So how does that possibly equate to 22% price drop? It could only be because the AI partnerships were essentially the only concern. Hence why I said the only value was human UGC. Because AI corps aren't willing to pay for that UGC, Reddits value plummets.

I'm talking about the annoying trend of stock market articles to try to explain things that hardly make sense. It's trying to make it sound like reddit's user count is in trouble when it's clearly not.

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[–] TryingToBeGood@reddthat.com 1 points 4 hours ago
[–] Mearcfara@lemmy.ml 5 points 6 hours ago

Reddit, AI, can it all just die

[–] lemmyng@lemmy.world 3 points 6 hours ago (1 children)

So is Reddit still good for porn? Redgifs is still pretty popular from what I see, and sites like Scroller and Reddtastic are still usable for browsing porn.

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[–] snek_boi@lemmy.ml 3 points 6 hours ago
[–] SeeMarkFly@lemmy.ml 1 points 7 hours ago

Well DUH! A.I. has no spending habits. Also no money.

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