Reddit stock falls for second day as references to its content in ChatGPT responses plummet
Reddit stock falls for second day as references to its content in ChatGPT responses plummet
Couldn't happen to a nicer company
Reddit banned me today for making a joke that the patch title for Guild Wars 2 could match real life events.
What is the patch name? The Mad King and his Lunatic Court.
Permanently banned for what? Harassment.
Not how I expected GW2 to come up on Lemmy.... But here we are hahaha
Well.... no surprising since we ought to have the molengrad.
Must be the AI profiling system and how it flags anyone even remotely talking about POTUS.
im not surprised if the filters is looking for any "anti-trump" comments, they probably will ignore certain bots and not users.
Insult to the king, off with your head!
/s
Wasted 15 years on that site to be banned for one fucking comment, burn baby burn.
Same. My comment was "fuck trump and Obama" arguing about using drones to order civilians abroad. Do you remember what your violent advocation was?
I suggested drawing in chalk on the street outside of the governor's mansion, to protest the GIANT chalk Christ she had commissioned across the driveway to celebrate Easter one year.
It wasn't even a serious call to action.
Mine was a direct, attributed quote from the US president.
Mine was telling someone it was unlikely that spain would declare war on israel, it being a nuclear nation....
Banned for 'glorifying violence.'
no OP.
I got the F out and deleted my old posts every time they restored them until they stayed gone.
Mine was "the german train system organisation should be burned down and redone anew" and "sprich deutsch du hurensohn"
For wishing an old man would have a heart attack and leave the world peacefully.
i think people were shocked that all thier accounts were banned simulataneously, despite some of them not participating in the same subs, around the same time. they just went after every account in your ip address,device or browser. even if time has passed that a subreddit ban has been lifted in your old accounts. the site filters/AI doesnt take that into account, and i suspect its intentional.
i noticed reddit is very wary of browser forks now too(google, firefox forks), theres a reason they dont like brave(because it hides your fingerprints by default)
I said that folks would blame the Kirk shooting on trans people. What do you know, I was banned and it actually fucking happened.
I could never understand why people cared about their social media accounts.
Because whether you like it or not, social media is the easy-track to connect with people of all varying degrees and connect through common interests and even ideals. It's a lot easier than in the 2000s and 1990s when all you've had was an e-mail and probably chat room hopping. You just had to know someone else's e-mail like you would have to know someone's number to call them, that's how it worked.
With social media, you can just breeze through friend lists and comb over searches to find friends and everything far easier. It's easier to connect with people that way than ever before. And losing out on that, can sting.
I sometimes wished it wasn't that way, but the people have largely decided we needed something more than just writing e-mails to eachother.
if you start having a social network within a social media, a ban can hurt.
probably some have ties to smaller communities of specific category(not news or politics), like your into tech, or cars, or CARD GAMES, or console games. or specific discussions. i had identification of "things/plants" that i now cant access. or discussion of a condition(not to find a diagnosis, but your experiences)
I don't care about their stock value but the situation fells so weird. So chatgpt refers to reddit less, and that makes reddit stock value fall. This really shows how much of the share value is pure hype and how much of "the economy" is pure manupulation of numbers instead of actual value.
The bubble bursts when one of them can't make their monthly payment.
It's the dot com bubble all over again
Makes me think I should sell all my retirement stocks and stick it in bonds until the bottom falls out from under Nvidia
How decoupled stocks are from reality or value. It’s bizarre.
That's actually quite easy to explain. Reddits entire monetary value (or at least a very large portion) depends on how relevant it is as platform to mine user interactions - to use as training material for AI.
Reddit getting references less is a sign that the models, or the owning companies, value reddit data less compared to before.
You just described most tech stocks.
As Cory Doctrow explains:
the fundamental duty of every CEO of every high-growth tech company: explaining how his company will continue to grow. These growth stories are key, because growth stocks trade at a huge premium relative to the stocks of "mature" companies.
The fact that any AI company thought to train their LLM on the answers of Reddit users speaks to a fundamental misunderstanding of their own product (IMO)
LLMs aren't programmed to give you the correct answer. They're programmed to give you the most pervasive/popular answer on the assumption that most of the time that will also happen to be the right one.
So when you're getting your knowledge base from random jackasses on Reddit, where a good faith question like "What's the best way to get get gum out of my childs hair" get's two two good faith answers, and then a few dozen smart-ass answers that gets lots of replies and upvotes because they're funny. Guess which one your LLM is going to use.
People (and apparently even the creators themselves) think that an LLM is actually cognizent enough to be able to weed this out logically. But it can't. It's not an intelligence...it's a knowlege agreggator. And as with any aggregator, the same rule applies
garbage in, garbage out
Thats why I have stopped calling it ai. Its a dumbass buzzword just like cloud, that tech bros like to use but cant explain (or blockchain).
Its llms, and image generators/OCR (which has been around for decades), Using complex markov chains and a fuck ton of graphics cards. NOT AI. NOT AI.
It is AI, along with a bunch of optimization algorithms, statistical decision trees (probably used in adaptive AI in games), etc. AI is a field in computer science that includes a ton of things many wouldn't consider AI.
Basically, if the solution doesn't come from direct commands but instead comes from some form of learning process, it's probably AI.
It's not "general AI", but it is in the field of AI.
I use the term “inference machine”
I've had to start calling it AI because most people don't know what LLMs are, and noone cares to go through the explanation, including myself.
I'm afraid that, as these things go, AI has gained a new meaning by popular use, rather than the original meaning of the acronym.
No point fighting it anymore.
Maybe we just need to adjust and start saying GAI (generative ai). It has a nice ring to it too.
The main thing that AI has shown, is how much bullshit we subconsciously filter through every day without much effort. (Although clearly some people struggle a lot more with distinguishing between bullshit and fact, considering how much politicized nonsense has taken hold.)
Exactly that.
If I were to google how to get gum out of my child's hair and then be directed to that same reddit post. I'd read through it and be pretty sure which were jokes and which were serious; we make such distinctions, as you say, every day without much effort.
LLMs simply don't have that ability. And the number of average people who just don't get that is mind-boggling to me.
I also find it weirdly dystopian that, if you sum that up, it kind of makes it sound like in order for an LLM to make the next step towards A.I. It needs a sense of humour. It needs the ability to weed through when the information it's digging from is serious, or just random jack-asses on the internet.
Which is turning it into a very very Star Trek problem.
"How do I parallel park a car?"
AI Overview: "git gud"
Technically correct
Usually the third/fifth comment down is correct while the top 4 are jokes
Oh my god I somehow forgot that Reddit IPO8ng means I get to read stories like this.
Oh no, the world's most poorly managed and funded corporate social media website's with a publically traded stock is tanking, oh nooooo!
Ahahahah!
This is certainly part of OpenAI's plan, and a warning shot to other user content-driven sites. An extortion play, if you will, which is business as usual now for fucks sake.
reddit is all cahoots with OPEN AI/googles own AI. im not surprised, its probably what led to thier massive ban waves, since they are using AI to overmoderate the whole site(indiscriminate bannings) they sold thier souls to 2 DEVILS.
That's what pandering to the bigger techbros spez gets.
Being there stopped being fun ever since the shits started running a massive profile-and-purge program powered by fucking AI, as even casually mentioning violence against right-wingers or POTUS and his merry chucklefucks gets your account flagged for banning. That's why there's now a chilling effect.
Yeah, and it aged hard like milk.
All my accounts were banned except one, because I used a different email address for that one. Their "AI" isn't as advanced as they want you to think. They literally just track you by email and IP.
Their profiling system is based on content in the form of posts and comments, and they used AI to build it up in addition to user-submitted reports determining one's character -- and overall ideological alignment. Mods and admins would then use that information to determine if you are a candidate for banning.
mines was the same, until April the final account got banned. I heard early on in the year, that when it gives you the message "your account has been suspended for suspicious activity, change your password", when i did that the ban was lifted. they fixed that later on. im guessing its thier way of asking for your password to fish out a pattern to ban you with(like fingerprinting,browser, desktop specs.
you dont even have to mention anything you can just get banned for creating a new account, or firing up an years old account, since they will consider those as bots. it happens randomly though. so much so, the shadowban sub had so many of these bans because they got banned for little reason.(besides the one that have multiple accounts get shadowbanned).
they started limiting the amount of time the shadowban questions stay open to silence any discussion of it.
heh I wonder if all the "old" content getting messed with and/or removed is causing issues with the algorithm/scraper.
For unauthorized scrapers? Definitely
For paid API usage? That tends to not be public for obvious reasons but, allegedly, people have, allegedly, done tests and found "deleted" content in the results.
Good job, Spez, you fuck!
he does love MUSK and his Xitter platform.
Oh no!
Anyways what's everyone having for lunch? I'm having bean burritos.
Leftover chicken and rice!
Downvoted because this isn't news. It's clickbaity nonsense which has no bearing on anything real.
I remember thinking back in 2021 or 2022 when it was announced they were going public that yep, this site is gonna be gone soon.
also matter the fact they purge IRL users that gave the site real content, which is probably lopsided to AI bot(comments and responses)
Good, hope it crashes.
Good. Nazi sympathizing shithole deserves nothing but the worst. Fuck spez and every complicit modgoloid and SSAdmin.
Modgoloid is great.
Fuck reddit.
Yay reddit worth less, wtf it's due to chatgpt?
They were the architects of their own demise
as soon as they went public everyone knew it was going to get worst, its also the same time they started banning people in massive purges.
Buncha self absorbed cliched weirdos over there anyway
Reddit be a mess, yall
The entire site is gpt.
That’s probably why they are banning people left and right to control the content they want to put out.
Reddit is a parasite that produces nothing of value. The users are the ones keeping the site alive.
fuck reddit! into the sun with it! post haste
I just deleted my Reddit account of 6 years. Just found Lemmy today and joined up, this is my first post :)
Its obvious when you watch the way the LLM interacts, its tone exactly encompasses the average Reddit user and post, half-baked karma removed ... You're absolutely right!
Oh well! there it is...
I noticed reddit threads have "AI answers, suggestions on the bottom of every page".
Does Reddit stock pay dividends or offer shareholder voting? Is most of it at least hell by their owners, giving at least a financial interest to having its value affected? Then it might as well be Yet Another Crypto Scam, in which case it isn't really going to affect Reddit because they've probably already cashed out.
What people don't realize is that the stock market is largely based off of on speculation on who's going to buy or sell when, the articles that tie it directly to how the company performing are basically fortune tellers either telling their customers what they want to hear or catering to their customers by manipulating how their readers will behave.
People use belief in the value of money to illustrate how crypto has value. The stock market is a far better analogy, and there are plenty of confidence scams to go along with it as well.
Huh.
Does anyone else think that ChatGPT is still using the data, they’re just not referencing Reddit directly?
This is how you can tell Reddit’s $200+/share price is insane. Over 10% of its value dropped based on a different unprofitable company’s references to ingested content.
Yikes!!
Reddit’s value is its ability to use bots to manipulate and distribute information. It’s just like Twitter, meta and all the other social media platforms.
No, it's value is that users have up voted and down voted good and bad data. This gives the AI training data that has been crowd sourced by humans. Bots manipulating votes would destroy the value of Reddit.
Ok, so how does a shareholder benefit from that? My company that pays people to stomp on kittens at my kitten stomping factory has value in that in gives people jobs and controls the feral cat population, but it creates no profit for the shareholders.
ability to allow bot propaganda to infest the subreddits more easily(especially politics and news)
Yes, but Oracle's stock skyrocketed based on the unprofitable OpenAI promising to buy >100B worth of AI data center space from Oracle. Nvidia stock also surged on the news, since Oracle builds those data centers with Nvidia chips
Obviously OpenAI doesn't have the money to pay Oracle themselves, so Nvidia has helpfully given them the money
So now we have an incredibly large cyclic corporate dependency of money from Nvidia -> OpenAI -> Oracle, then back to Nvidia. Definitely not a financial disaster waiting to happen
They haven't even spent the fucking money yet. It's just announcements of intentions, with a fraction of that $100B in outlays. Nobody seems to want to say who gets to be the one holding the $100B at the end of it, either.
Presumably they'll all just do a stock swap and tell their vendors "We're good for it, check's in the mail"?
The entire stock market has become a meme stock pyramid scheme. No price makes sense; it's all glorified gambling making life on this planet worse for most living things.
⚜︎ arscyni.cc: modernity ∝ nature.
While I don't agree with the reddit valuation to begin with...
that is actually how the stock market "should" work? Reddit is a company that, at its core, produces data to sell to other companies. If other companies choose to (say they are not going to) use that data, then the value of reddit drops. That is literally supply and demand.
If Stanley's Sprockets' sprockets are a vital part of iphones then Stanley's Sprockets is going to be a very valuable company. If Apple changes to the other dude's product, Stanley's Sprockets has now lost a lot of value.
Reddit produces nothing. They dupe their users into doing that. Which seem to largely be bots now.
Well, that and the P/E is 180. Typical target P/E on a stock is 15-20, depending on your anticipation of its growth. But we're expected to believe Reddit's earnings will be 9x their current income in... some nebulous amount of time?
Like, its silly to get excited about a company this hyperinflated seeing a tiny slide off its new peak. But also, you can't help be bearish on a firm this flimsy.