Reddit will charge companies for access to its data.
Reddit will start charging big companies for access to its data as it is being used to train some artificial intelligence chatbots including Google’s Bard and OpenAI’s ChatGPT. fortune magazine,
The company shared a press release and said that they will be introducing “a new premium access point for third parties who require additional capabilities, higher usage limits, and broader usage rights.”
Furthermore, he added that their API, which essentially controls how two different programs work with each other, will still be open to “reasonable and appropriate use cases and available through our developer platform.” accessible from”.
“Effective June 19, 2023, our updated Data API Terms, along with our Developer Terms, will replace the existing API Terms,” the company said.
The company also declined to elaborate on its decision to shift, but Reddit CEO Steve Huffman told new York Times That artificial intelligence (AI) is to blame. Mr. Huffman told the outlet, “The Reddit corpus of data is really valuable. But we don’t need to be giving all that value away for free to some of the biggest companies in the world.”
Reddit thinks its data is especially important because it’s updated so often. According to Mr. Huffman, this newness and relevance is needed for the large language modeling algorithms to produce the greatest results.
“More than any other place on the Internet, Reddit is a home for authentic conversation. There are a lot of things on the site that you would never say to therapy, or AA, or anything.”
The company wants to offer value to consumers, he added. He said, “Crawling Reddit, creating value and not returning any of that value to our users is something that we have a problem with. This is a good time for us to tighten things up. We think it cool Beans.”
According to Fortune, users who were concerned about the effects of the changes on third-party programs that display the website’s content commented on Reddit’s announcement. The company said this would also include limits on access to “mature content” posted on the platform.
According to Mr Huffman’s statement to the NYT, Reddit will continue to provide free access to developers who are looking to enhance the user experience on the website, for example by creating an automated program to assist with moderating. He also promised free access for researchers using the Reddit data.