Sometime this month, Reddit will go public at a valuation of $6.5bn. Select Redditors were offered the chance to buy stock at the initial listing price, which it hasn’t announced yet but is expected to be in the range of $31-34 per share. Regardless of the actual price,
  • Lvxferre@mander.xyz
    8·
    8 months ago

    Instead of being this gen’s September 1993, I feel like the changes being sped up by the introduction of generative models are finally forcing us into October 1993. As in: they’re reverting some aspects of the internet to how they used to be.

    also to an “every company that doesn’t get the most expensive AI will start lagging behind” economy.

    That spells tragedy of the commons for those companies. They ruining themselves will probably have a mixed impact on us [Internet users in general].