Reddit Selling User Data to Mystery AI Company for $60 Million Per Year
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An undisclosed AI company is paying Reddit $60 million per year for access to its database of user posts to train AI systems. This shows user data is a hot commodity.
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It's similar to Axel Springer's deal with OpenAI for access to Politico and Business Insider articles to train ChatGPT.
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But unlike journalists, Redditors don't get paid for their contributions even though their posts are now being commercialized.
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We don't actually know the identity of the AI company paying Reddit despite the huge sums involved.
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Ironically, some Redditors are commenting in the style of AI chatbots, with one "demurring from answering controversial questions" just like ChatGPT does.