this post was submitted on 31 Jul 2024
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Reddit CEO says Microsoft needs to pay to search the site (www.theverge.com)
submitted 4 months ago by hotpot8toe@lemmy.world to c/technology@lemmy.world
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Reddit says Microsoft’s Bing, Anthropic, and Perplexity have scraped its data without permission. “It has been a real pain in the ass to block these companies.”

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[–] MeaanBeaan@lemmy.world 0 points 4 months ago (1 children)

Plus they don't even need to be profitable. They just have to convince some rich losers that they might be profitable at some undetermined time in the future.

[–] Ragnarok314159@sopuli.xyz 0 points 4 months ago

A lot of times it’s more like the old Taxi medallions. You paid 400k for the medallion, operated it for a few years, and then sold it to the next guy for the going rate which is likely around 400k.