One of Spez’s answers in the infamous Reddit AMA struck me
Two things happened at the same time: the LLM explosion put all Reddit data use at the forefront, and our continuing efforts to reign in costs…
I am beginning to think all they wanted to do was getting their share of the AI pie, since we know Reddit’s data is one of the major datasets for training conversetional models. But they are such a bunch of bumbling fools, as well as being chronically understaffed, the whole thing exploded in their face. At this stage their only chance if survival may well be to be bought out by OpenAI…
Yup. AI consumers are more profitable than 3rd party apps. why focus on tiered pricing when you can just name a price point everyone has to pay that only huge AI companies are willing to.
Reddit gets their content for free. Reselling it at a high price to AI/ML consumers is an easy way to turn free content into profit with almost no effort.
