Many people talking about data licensing deals but
AI has evolved from purely chatbot to the agentic-AI era. Even though the latest AI models should still be able to chat like humans and still go through pretraining with comprehensive text data including Reddit data, this has become more established and mature. Instead, the more valuable data for AI training now is related to agentic tasks, such as coding, computer use, etc, which is much less relevant to Reddit.
That said, I'm still a Reddit stockholder and bullish on its future, and (one of) my reasons is AI-related ads revenue. With more and more AI companies and startups, they inevitably need to marketize their AI products. Reddit, given its user base tends to be more active and passionate about technology and AI, is a much more effective venue to spend ads budgets compared with more traditional social media like Facebook/Instagram/Snapchat, etc.
Would like to hear your thoughts!