Reddit Is Making a Deal With the AI Devil

United States News News

Reddit Is Making a Deal With the AI Devil
United States Latest News,United States Headlines
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Harry Halpin is the CEO and co-founder of Nym Technologies. He was previously a senior research scientist at MIT, where he led the standardization of the Web Cryptography API across all browsers, and at Inria de Paris where he led interdisciplinary research on socio-technical systems and privacy.

Selling user data to artificial intelligence companies is simply mass surveillance under a new guise. People are rightfully worried about governmental mass surveillance. Yet most people are blithely unaware of the surveillance they sign up to when opening an account with a Web 2.0 company.Recently, we are all being forced to sign new “terms of service.” What most people don’t know is that these contracts allow their raw data to be sold to train AI models.

A safer situation for everyone would be if AI companies trained only on publicly available data where the creator of the data gave consent, which only can be meaningful if the user controls their data. The entire idea of Web3 was that users – not platforms – would own and control their data, even if, like a Reddit post, it is meant to be public. Ownership could be cryptographically inscribed in a decentralized blockchain so that no single platform could sell your data without your permission.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Reddit drama has mother repeatedly making unwanted breakfasts for her son, who finally threw her outReddit drama has mother repeatedly making unwanted breakfasts for her son, who finally threw her outA Reddit user got fed up with how his mother repeatedly made him breakfasts he did not want or need — so he kicked her out of his house. Fox News Digital spoke to a relationship expert on the issue.
Read more »

Reddit Aims to Raise $748 Million in IPOReddit Aims to Raise $748 Million in IPOReddit plans to raise up to $748 million in its upcoming IPO, seeking a valuation of about $6.5 billion. The company will sell about 22 million shares between $31 and $34 per share. Redditors participating in the IPO may cause increased volatility in the stock market.
Read more »

Reddit aiming for $6.5B valuation in long-awaited IPOReddit aiming for $6.5B valuation in long-awaited IPOSocial media platform Reddit is targeting a $6.5 billion valuation in its highly anticipated initial public offering (IPO), the company reported Monday.
Read more »

Reddit targets valuation of close to $6.5 billion in upcoming IPOReddit targets valuation of close to $6.5 billion in upcoming IPOReddit and selling shareholders aim to raise roughly $750 million as part of the company's upcoming IPO at a valuation of almost $6.5 billion.
Read more »

6 Walmart Shopping Secrets From Reddit6 Walmart Shopping Secrets From RedditDigital destination for sophisticated men & women. Live your best life with expert tips and news on health, food, sex, relationships, fashion and lifestyle.
Read more »

13 Funniest TIFU Reddit Stories13 Funniest TIFU Reddit StoriesI feel bad for laughing, but I'm laughing anyway.
Read more »



Render Time: 2025-02-27 19:08:04