What Reddit’s IPO means and the way it might change for customers

Reddit was launched in 2005 by present CEO Steve Huffman and Alexis Ohanian as a spot the place customers submit content material — information articles, humorous pictures, cat movies, random observations — to be supported (“upvoted”) or buried (“downvoted”).

Since then, Reddit has grow to be greatest generally known as a group of communities referred to as “subreddits,” the place folks talk about all the pieces from the Vancouver meals scene to critical private struggles.

“Folks go there to actually get help to assist them cease consuming, to assist them cease doing medicine, to attach with people who find themselves going by related challenges,” mentioned Sarah Gilbert, analysis director at Cornell College’s Residents and Know-how Lab. “As a result of it’s largely pseudonymous, that lets you take part a bit of extra overtly.”

Even when you’re not a die-hard Redditor, there’s an opportunity the location has helped you as a result of its years of posts on principally each topic continuously seem in search outcomes. No marvel, then, that Google and corporations prefer it have discovered Reddit to be a treasure trove of coaching knowledge for chatty AI fashions — one thing that has naturally rubbed some the improper manner.

“Reddit customers extremely worth privateness, which is smart, provided that most individuals contribute pseudonymously,” Gilbert mentioned in an announcement earlier this 12 months. “We additionally discovered that how they really feel about knowledge use varies by context. For instance, we discovered that customers can be uncomfortable with use of personal knowledge, corresponding to direct messages.”

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