re: Web 3.0 as a way forward, I honestly don't see crypto or blockchain technologies solving these issues. Folding Ideas pretty comprehensively covers the issues here...
re: Web 3.0 as a way forward, I honestly don't see crypto or blockchain technologies solving these issues. Folding Ideas pretty comprehensively covers the issues here (https://youtu.be/YQ_xWvX1n9g), but to put it simply, I don't think any of crypto's promises of putting power or value back in the hands of individuals align with the reality of crypto.
Has anyone ever seen an update as to how Sam Altman's 10% gift to redditors ever played out?
A while back I wrote that Web 2.0, by putting the means of production into the hands of the masses but withholding from those same masses any ownership over the product of their work, provides an incredibly efficient mechanism to harvest the economic value of the free labor provided by the very many and concentrate it into the hands of the very few.
First, it’s always bothered me that users create so much of the value of sites like reddit but don’t own any of it. So, the Series B Investors are giving 10% of our shares in this round to the people in the reddit community, and I hope we increase community ownership over time. We have some creative thoughts about the mechanics of this, but it’ll take us awhile to sort through all the issues. If it works as we hope, it’s going to be really cool and hopefully a new way to think about community ownership.
(full disclosure, I found this in a comment thread on Hacker News) Particularly as Reddit is making changes to its API and approaching an IPO, I think an often unexplored lens of today's internet...
(full disclosure, I found this in a comment thread on Hacker News)
Particularly as Reddit is making changes to its API and approaching an IPO, I think an often unexplored lens of today's internet is that of the value of our labor, and this article pretty succinctly explores that end.
I know this is the nature of Web 2.0 itself, and largely a foregone conclusion (at least as long as venture capital is involved), but does this nature affect your relationship with Tildes? Are there any ways in which you see the internet growing past this?
User content is going to become harder to generate as the demographic shift continues to age out the millennials. (they just wont have time to produce it anymore with other life responsibilities)....
User content is going to become harder to generate as the demographic shift continues to age out the millennials. (they just wont have time to produce it anymore with other life responsibilities).
I really think this API push rush is about LLM data gold rush. They want to get in the business of charging for access to their dataset. Like Twitter.
I am going to go through and edit and delete all my post before deleting my account. Yes I am sure they will still use my data, might as well make it harder for them. (weird Side note I went throught and deleted all my old post and then deleted the account of a account I had abandoned. On the next account tried to do the same thing but it wasn't letting me delete any of my post on the second account...)
Really the way to make this all go away for reddit is to say if you use the API like a vaccum just sucking up data and not producing content you are charged at one tier. And if your additive to the community you get charged at a lower rate.
As a mod on Reddit, this really hits me in the stomach. It matches my epiphany this morning. I've volunteered many ways in my life--peace corps, habitat for humanity, firefighting. And now I'm a...
One of the fundamental economic characteristics of Web 2.0 is the distribution of production into the hands of the many and the concentration of the economic rewards into the hands of the few. It’s a sharecropping system, but the sharecroppers are generally happy because their interest lies in self-expression or socializing, not in making money, and, besides, the economic value of each of their individual contributions is trivial. It’s only by aggregating those contributions on a massive scale – on a web scale – that the business becomes lucrative. To put it a different way, the sharecroppers operate happily in an attention economy while their overseers operate happily in a cash economy. In this view, the attention economy does not operate separately from the cash economy; it’s simply a means of creating cheap inputs for the cash economy.
As a mod on Reddit, this really hits me in the stomach. It matches my epiphany this morning. I've volunteered many ways in my life--peace corps, habitat for humanity, firefighting. And now I'm a volunteer for a corporation. (I'm quitting at the end of this month.)
re: Web 3.0 as a way forward, I honestly don't see crypto or blockchain technologies solving these issues. Folding Ideas pretty comprehensively covers the issues here (https://youtu.be/YQ_xWvX1n9g), but to put it simply, I don't think any of crypto's promises of putting power or value back in the hands of individuals align with the reality of crypto.
Has anyone ever seen an update as to how Sam Altman's 10% gift to redditors ever played out?
(full disclosure, I found this in a comment thread on Hacker News)
Particularly as Reddit is making changes to its API and approaching an IPO, I think an often unexplored lens of today's internet is that of the value of our labor, and this article pretty succinctly explores that end.
I know this is the nature of Web 2.0 itself, and largely a foregone conclusion (at least as long as venture capital is involved), but does this nature affect your relationship with Tildes? Are there any ways in which you see the internet growing past this?
User content is going to become harder to generate as the demographic shift continues to age out the millennials. (they just wont have time to produce it anymore with other life responsibilities).
I really think this API push rush is about LLM data gold rush. They want to get in the business of charging for access to their dataset. Like Twitter.
I am going to go through and edit and delete all my post before deleting my account. Yes I am sure they will still use my data, might as well make it harder for them. (weird Side note I went throught and deleted all my old post and then deleted the account of a account I had abandoned. On the next account tried to do the same thing but it wasn't letting me delete any of my post on the second account...)
Really the way to make this all go away for reddit is to say if you use the API like a vaccum just sucking up data and not producing content you are charged at one tier. And if your additive to the community you get charged at a lower rate.
As a mod on Reddit, this really hits me in the stomach. It matches my epiphany this morning. I've volunteered many ways in my life--peace corps, habitat for humanity, firefighting. And now I'm a volunteer for a corporation. (I'm quitting at the end of this month.)