Bloomberg - Are you a robot?
www.bloomberg.com

Summary

Reddit shares have dropped 50% from their February peak, when the stock had soared over 500% from its $34 IPO price last March.

Much of the early enthusiasm came from AI-related deals allowing Reddit’s content to be used for training models, but recent doubts about long-term growth in the AI sector have dimmed that optimism.

Analysts remain skeptical and some call the stock “super overvalued,” noting Reddit still is not making any money.

Market uncertainty and early investor sell-offs continue to weigh on Reddit and the broader tech sector.

Non-paywall link

  • CherryLips@lemm.eeEnglish
    0·
    3 days ago

    Been and deleted every post and comment manually. Do I need to do anything else?

    • futatorius@lemm.ee
      0·
      2 days ago

      There’s an add-in that’ll replace your comment’s text with gibberish. I used that.

    • aaron@infosec.pub
      0·
      3 days ago

      Honestly, I imagine deleting your posts will stop third parties scraping your posts, but I doubt that means they are actually deleted from the owners of reddit.

      I remember when there were forums based on special interests where you could go and ask knowledgeable people questions. Reddit is useless for any question requiring specialist knowledge. Wtf is an AI trained on it going to ever do, except mimic what a disengaged mass of internet addicted people with no attention span might do?

      I guess the original owners made their money with this ipo. Suckers held onto any stock. Whatever. Capitalism killed the internet’s promise. The war was lost years ago.

      • Ledericas@lemm.eeEnglish
        0·
        3 days ago

        Spez and csuites dumped their stocks months ago, probably squeezing the last ounce before they turn it into a Facebook clone, where FB is using AI of resurrected accounts to push right wing agendas