this post was submitted on 23 Feb 2024
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[–] [email protected] 2 points 8 months ago

who knew my old shitposts are worth that much

[–] [email protected] 1 points 8 months ago

$203M in one licenced transaction. Selling their data to Google. No one is falling for this shit.

https://www.cnbc.com/video/2024/02/23/reddit-is-a-smaller-more-volatile-twitter-says-big-technologys-alex-kantrowitz.html

[–] [email protected] 4 points 8 months ago (1 children)

They need to pay the users with that money

[–] [email protected] -2 points 8 months ago (1 children)
[–] [email protected] 1 points 8 months ago

Or genius. New company idea. Sell data from the start and share revenue with contributors.

[–] [email protected] 9 points 8 months ago

How? They're under heavy scrutiny from the FTC over the $60M/month Google deal. Where did the extra $140M come from?

[–] [email protected] 9 points 8 months ago (1 children)

Probably doesn't matter, but this is why I deleted my account instead of just locking it up.

[–] [email protected] 14 points 8 months ago (2 children)

With google being the partner i bet the deal wont mention they cant use older backups of reddit that they most certainly have.

[–] [email protected] 14 points 8 months ago

This is why we need better data laws in the US. If I want everything I've ever said on your site to disappear both instantly and forever, I should have that option.

[–] [email protected] 7 points 8 months ago

I'm sure you're right about that. All parties involved are scumbags, after all.

[–] [email protected] 55 points 8 months ago

... and thats why Wikipedia is non-profit.

Seeing human (even shitpost) achievements get monetized (in the most sucky manner) one by one is sad af.

[–] [email protected] 22 points 8 months ago* (last edited 8 months ago)

This is helpful of them, once the EU court fines them, we can quickly calculate how much that will be.

[–] [email protected] 42 points 8 months ago (1 children)

I hope my fuck Spez comments are useful.

[–] [email protected] 14 points 8 months ago* (last edited 8 months ago) (1 children)

Now AIs will fuck Spez for all eternity.

Millennia from now Fuckspez! will be the standard greeting between all sentient species in the galactic federation. It will be even used in machine code as a handshake for establishing initial contact between two subspace relays.

[–] [email protected] 1 points 8 months ago
[–] [email protected] 38 points 8 months ago

It's data?! You mean our data

[–] [email protected] 6 points 8 months ago (1 children)

For everybody who thinks we should get paid for our data, you may want to consider the Data Dividend Project:

https://www.datadividendproject.com/

[–] [email protected] 1 points 8 months ago (1 children)

Access from your Country was disabled by the administrator.

[–] [email protected] 1 points 8 months ago

Damn, might be a US-only thing then.

[–] [email protected] 2 points 8 months ago (1 children)

time to go edit all my old comment with random garbage generated by chatgpt

[–] [email protected] 5 points 8 months ago (1 children)

It is probably way too late for that to make any difference, no?

[–] [email protected] 2 points 8 months ago* (last edited 8 months ago)

Probably, but one thing I learned too late in my life is that by being cynical you're assured to never get anything done

[–] [email protected] 40 points 8 months ago* (last edited 8 months ago)

Reddit says it's made $203M so far licensing ~~its~~ our data

Fixed that for them.

There's your "tragedy of the commons" fallacy on a stick, folks - the proles where managing reddit so well that huffman had to break it in order to make it more vulnerable to the parasites.

[–] [email protected] 16 points 8 months ago (3 children)

I wonder if they will ever consider paying the users for the content they provide that constitutes "its" data. 🤔

[–] [email protected] 1 points 8 months ago

They said they'll be allowing users to cash out Karma.

[–] [email protected] 4 points 8 months ago (1 children)

Pay? They are trying to "stonk" Reddit users by asking them to buy stock for the IPO which screams "We want your data and your money!".

[–] [email protected] 5 points 8 months ago

Yeah. They are giving the users the "privilege" to buy shares at the open market rate. Not even at discounted rates. Again US only. What about the others? They just give their data I suppose.

[–] [email protected] 9 points 8 months ago

Spez will be happy to know his payout is covered, company is still going to be broke though.

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