this post was submitted on 08 Feb 2024
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[Reuters BreakingViews] Investors will say “OK Boomer” to aging Reddit (www.reuters.com)
submitted 7 months ago by athos77@kbin.social to c/reddit@lemmy.ml
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[...] a dearth of profit this late into its existence portends the lack of a real business model, suggesting it’s still not ready for public company life.

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[–] knotthatone@lemmy.one 4 points 7 months ago

The AIs already pulled loads of data from Reddit and can re-use what they have. They don't necessarily need to go back ever again, and they'd only pay for access to newly created data if they care at all.