Reddit CEO criticizes Microsoft, Anthropic, and Perplexity

Reddit is now a publicly traded company


Reddit CEO Steve Huffman recently interviewed companies like Microsoft, Anthropic, and Perplexity criticized.

If you haven’t seen it, Reddit took a big step last week. Search engines that don’t pay can no longer index content shared on Reddit to show in their results. Here, it is explained that the door is closed to everyone except Google. So why is Google allowed? Google is allowed because Reddit has been in a dispute with Google for the past few months. signed a $60 million annual deal. This deal gave Google real-time access to Reddit’s data via API. So far, this kind of Reddit announced that it earned $203 million from data licensing deals, Under the new agreement, Google will gain access to Vertex AI, an artificial intelligence-powered service that other companies have developed to help them improve their search results. The company’s CEO Steve Huffman gave an interview on exactly these topicsMicrosoft, Anthropic and Perplexity are taking their data without permission. Huffman said these companies now have to pay to use Reddit data in search engines and LLM courses. “Microsoft, Anthropic and Perplexity act as if all content on the internet is free to them” says. “It’s been really hard to block these companies.” The CEO, who also made a statement, aims to make more money from technology giants and artificial intelligence startups.

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A huge social platform where you can find information on almost any topic. Redditlast year the service “API” It made an incredible splash when it announced that it would start charging for access based on usage. This API, which provides access to all kinds of data on the platform, is available to third-party users such as Apollo. Reddit applications. Due to this situation, Apollo’s annual full-time 20 million dollars and the developer of the app, Christian Selig, did not have the power or means to make such a payment. Because his app did not generate such income for him. That’s why he decided to make the most popular Reddit app, Apollo and more are shut down for good.

This situation was not well received at all because the application was very popular, and on top of that An unprecedented protest began on the platform.more than 7,000 “subreddits” was made secret in order to protest this situation, That’s why the platform that had problems remained unusable for a long time.. Alright Reddit Why did he take the API decision, which he still hasn’t backed down from despite all the reactions? Major language models referred to as LLM AI-based chatbots like ChatGPT or Google Gemini are based on special LLMs.

For example, the ChatGPT chatbot is currently built on GPT-4/40/4 mini language models, to train these and similar language models. It is reported that Reddit data is also used via the mentioned API.. Making a statement on this matter Steve Huffmanin an interview with Mike Isaac of the New York Times, on LLMs, “Reddit data is really valuable” he said and added: “We don’t need to give this data away for free to some of the world’s largest companies” he said. Right now does not want to be a free data center for the trillion-dollar artificial intelligence industry And The company is right in its own right in this regard.Unfortunately, they couldn’t find a way to do this without killing small applications like Apollo.

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