CEO Steve Huffman says tech giants should not be able to trawl Reddit’s huge store of data for free. But that information came from users, not the company

That “corpus of data” is the content posted by millions of Reddit users over the decades. It is a fascinating and valuable record of what they were thinking and obsessing about. Not the tiniest fraction of it was created by Huffman, his fellow executives or shareholders. It can only be seen as belonging to them because of whatever skewed “consent” agreement its credulous users felt obliged to click on before they could use the service.

Ouch

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[–] llama@midwest.social 74 points 1 year ago (1 children)

My favorite things about this whole debacle is how transparent they're being about how the plan the whole time was to actually just hope we would keep giving them content and moderating for free forever so they could package it up and sell it to wall street. And not just them but all social media companies seem to think this will just work and nobody will mind.

[–] MiddleWeigh@lemmy.world 7 points 1 year ago

Well hey they wanna cut out the middle man ykno, it only makes sense! Big shameful LOL.