Steve Huffman, the CEO of Reddit, has decided to just keep on talking. After his disastrous AMA helped inspire more subreddits to join a 48 hour blackout, and his dismissal of the protesting subred…
Yes, Reddit is a big dataset and yes, Reddit deserves to make some money off that if other organisations are going to scrape that data, for AI or anything else.
That’s what they should be blocking and monetizing. Not those few users using 3rd party apps. Those folks (posters, mods) are amongst the ones creating that data set for Reddit, free of charge.
They are right about needing to make money to continue as a successful business. But they are doing it the wrong way and alienating their key assets.
Why does reddit deserve to make profit from content made by others? They are service provider - they are not entitled to the work of people who used their service.
Ok. I’m about to abandon an account that’s 17.5 years old. I despise what reddit is proposing.
But, honestly, how do you propose they turn (some) profit so it could last forever? Losing money isn’t a long-term recipe for success. I’ve got no problem with reddit seeking to profit. I’ve got a problem with their short notice and their refusal to let third party clients be part of the ecosystem they wish to create.
Same. Late to the conversation here, but in the same camp. About to delete a 13.5 year old account.
I’d be fine with Reddit making money, if they did it in an honest and predictable way. The way they’re going about it though is short sighted, deceitful, and completely unnecessary.
They could make money hand over fist if they just tweaked their approach a tad, kept the community happy, etc.
Bundle API usage in with Reddit Premium. Have it use upper limits of say 100k requests/month to the API. Anything over that and it’s on a per 10k/requests billing cycle sort of thing.
Push the cost to the consumer, so if AI wants to scrape all the data, they can pay for it just like everyone else.
Yes, Reddit is a big dataset and yes, Reddit deserves to make some money off that if other organisations are going to scrape that data, for AI or anything else.
That’s what they should be blocking and monetizing. Not those few users using 3rd party apps. Those folks (posters, mods) are amongst the ones creating that data set for Reddit, free of charge.
They are right about needing to make money to continue as a successful business. But they are doing it the wrong way and alienating their key assets.
Which is why I’m here :)
Why does reddit deserve to make profit from content made by others? They are service provider - they are not entitled to the work of people who used their service.
Ok. I’m about to abandon an account that’s 17.5 years old. I despise what reddit is proposing.
But, honestly, how do you propose they turn (some) profit so it could last forever? Losing money isn’t a long-term recipe for success. I’ve got no problem with reddit seeking to profit. I’ve got a problem with their short notice and their refusal to let third party clients be part of the ecosystem they wish to create.
Same. Late to the conversation here, but in the same camp. About to delete a 13.5 year old account.
I’d be fine with Reddit making money, if they did it in an honest and predictable way. The way they’re going about it though is short sighted, deceitful, and completely unnecessary.
They could make money hand over fist if they just tweaked their approach a tad, kept the community happy, etc.
Bundle API usage in with Reddit Premium. Have it use upper limits of say 100k requests/month to the API. Anything over that and it’s on a per 10k/requests billing cycle sort of thing.
Push the cost to the consumer, so if AI wants to scrape all the data, they can pay for it just like everyone else.
I just burned my nearly 12 year old account. It’s just not worth it anymore. Reddit has made promises it can’t keep and does not intend on keeping.