@VITecNet@programming.dev to Technology@lemmy.worldEnglish • 9 months agoReddit sells training data to unnamed AI company ahead of IPOarstechnica.comexternal-linkmessage-square43fedilinkarrow-up1491arrow-down114cross-posted to: redditwasfun@lemmy.world
arrow-up1477arrow-down1external-linkReddit sells training data to unnamed AI company ahead of IPOarstechnica.com@VITecNet@programming.dev to Technology@lemmy.worldEnglish • 9 months agomessage-square43fedilinkcross-posted to: redditwasfun@lemmy.world
minus-squareUndeariuslinkfedilinkEnglish9•9 months agoAnd what value is a commodity that is available to everyone? I don’t disagree with your point but I’m sure it couldn’t be sold for as much as when it’s a limited resource.
minus-squareFaceDeerlinkfedilink1•9 months agoThe value comes from the work that can be done with it. If you can train an AI off it then it’s worth something.
minus-squareUndeariuslinkfedilinkEnglish5•9 months agoIt’s one thing if you’re processing and doing work with the data but Reddit will be getting $60,000,000 a year for simple having the data.
minus-squareFaceDeerlinkfedilink1•9 months agoThey can’t do the work without the data, though. Or rather, they can’t do the work without the risk of Reddit raising a legal fuss that would cost them more than $60 million. The data itself can already be downloaded for free from various places.
And what value is a commodity that is available to everyone?
I don’t disagree with your point but I’m sure it couldn’t be sold for as much as when it’s a limited resource.
The value comes from the work that can be done with it. If you can train an AI off it then it’s worth something.
It’s one thing if you’re processing and doing work with the data but Reddit will be getting $60,000,000 a year for simple having the data.
They can’t do the work without the data, though.
Or rather, they can’t do the work without the risk of Reddit raising a legal fuss that would cost them more than $60 million. The data itself can already be downloaded for free from various places.