This "AI is going to take our electricity, use all our water, steal our jobs, and then [mercifully] kill us all" finally makes sense to me: it's politics, plain and simple. Midterms are fast-approaching, and this is the hot button, wedge issue....so pump it.
@danielnewmanUV Thanks Daniel. Just for grins I took that chart and plotted actual ttm earnings on there too. The results should generate some pause imo.
Can you point to or cite specific model training weights? Of course there has been llm training on RDDT data in the past (as well as millions of.other training data sources). The question now is how much of that needs to happen going forward? My guess is not near as much. I am not short the stock. Just having a discussion.
Fair comments. The item now is the Anthropic lawsuit. It's not a fair use legal question, but rather breach of contract. Big difference in Reddit's favor. How that pans out or settles is the reason for a strong multiple...the organic growth is lagniappe. In other words, what is real-time human content actually worth? I bet a lot. Stay tuned. $rddt
@ShaleTier7 everyday that oil is over $50 is an absolute gift to the industry. the auto market is going fast. and when that's gone, it's over for good.