this post was submitted on 10 Jun 2023
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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...

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[–] lunarshot 15 points 1 year ago

100% and they also didn’t need to be total tools about it. giving a month window is a joke, being snarky assholes answering AMAs, telling their user base that profitability is the only thing that matters to them.

Surprising nobody, Reddit continues to make really awful business decisions. This is just another nail in their coffin.