Spez is definitely struggling to square his, and his existing shareholder’s, wants with reality.

As to OpenAI and the other LLM snakeoil merchants, it’s definitely true that reddit, and most importantly the actual creators of the content - us - are compensated for the value we create. This is a key point argued in Jaron Lanier’s “Who Owns the Future”, a book realised 10 years ago which only gets more relevant with each passing year.

Spez thinking our content is somehow his, just because he pays to host it, would be hilarious if it wasn’t so delusional.