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It's Saturday, June 17, 2023, and this is Markets Daily from CoinDesk.

I'm Adam B. Levine, curing it with your weekend story.

On today's show, we're digging into the recent Reddit boycott with all its implications.

And just a reminder, CoinDesk is a new source and does not provide investment advice.

Today's featured stories and opinion piece from CoinDesk's Daniel Kuhn.

Our piece today is entitled What the Reddit Boycott has to do with AI and Crypto.

Reddit is caught between a rock and a hard place.

With the emergence of artificial intelligence that threatens to disrupt how people find information online, and a massive boycott brewing in reaction to a move the legacy social media platform

took to bolster itself, the company, which counts an obscene 57 million daily users, is finding out that existence

as a tech darling doesn't get any easier, even after you successfully scale. If anything, Reddit's

current situation only shows the ground it was built on, essentially advertising and data extraction,

was always soft. If you didn't hear, earlier this week there was a mass protest going on at

...