Reddit’s CEO on why it’s partnering with OpenAI and Google
Marketplace Tech
Marketplace
4.5 • 1.3K Ratings
🗓️ 10 June 2024
⏱️ 12 minutes
🧾️ Download transcript
Summary
The network of online communities known as Reddit has millions of weekly active users. They post on “subreddit” forums like r/WhatShouldICook — a place where people just talk about their dinner plans — and r/ShowerThoughts, where participants share what they’re thinking during routine tasks. The co-founder and CEO of Reddit, Steve Huffman, is a fan of r/Daddit, being a father himself. Marketplace’s Lily Jamali spoke with Huffman at Reddit headquarters in San Francisco, where they talked about the company selling stock and its recent licensing agreements with the likes of Google and Open AI, which use Reddit content to train their large language models.
Transcript
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| 0:41.8 | Next Steps for Reddit. |
| 0:45.0 | From American public media, this is Marketplace Tech. |
| 0:49.0 | I'm Lily Dromale. The online network of communities, Reddit, has more than 300 million weekly active users. |
| 1:04.8 | They post on forums, sub-retits like what should I cook? |
| 1:08.5 | People literally talking about their dinner plans to shower thoughts on what they're thinking |
| 1:14.0 | during routine tasks as for the co-founder and CEO of Reddit Steve Huffman. |
| 1:18.9 | So we're on one of my favorite sub-Edets this is called Dad It's a |
| 1:23.4 | subreddit for dads. |
| 1:24.8 | Huffman a dad himself showed me around Dadit. |
| 1:27.8 | One of the top posts here is one of my son's first sentences has me in tears, |
| 1:33.0 | and then his first sentences, daddy's tummy is big. |
| 1:36.0 | Um... |
| 1:38.0 | Reddit started selling shares to the public three months ago. |
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