Reddit said in a filing to the Securities and Exchange Commission that its users’ posts are “a valuable source of conversation data and knowledge” that has been and will continue to be an important mechanism for training AI and large language models. The filing also states that the company believes “we are in the early stages of monetizing our user base,” and proceeds to say that it will continue to sell users’ content to companies that want to train LLMs and that it will also begin “increased use of artificial intelligence in our advertising solutions.”
On Wednesday, Reuters reported that Reddit has entered a contract with Google, which will license its content for $60 million a year in order to train Google’s AI models.
Streaming video is expensive. LTT did it with Floatplane, even going so far as to develop their own backend. Watcher and some other YouTubers did it with Vimeo as their backend, but Vimeo still takes a large cut.
At the end of the day, people are doing this, but YouTube still offers a compelling value compared to other platforms. It’s hard to beat their scale, sophistication, and the discoverability of their platform.