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this post was submitted on 05 Aug 2024
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Privacy
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This is based on older evidence but the exclusive deal Google just signed with reddit makes it pretty clear the monopoly is planned and ongoing.
The funny thing is that this probably screws Reddit more than anyone. Obviously fuck 'em but funny either way.
It depends on the conditions of the agreement and how much they are being paid. Google's worldwide market share is above 91% so reddit isn't actually losing out on much site traffic by going exclusive.
Sure, but if the argument is that Google is paying to be a monopoly then they're going to have to stop payment.
Google allegedly paid $60 million for access to Reddit for AI purposes. Reddit then disallowed access to all other providers, unless they can promise they won't use the data for AI purposes.
Technically Reddit is the one disallowing access, but if the argument is that Google is paying for special access I don't see why I wouldn't extend to AI.
Reddit now needs to either argue their data is some special intellectual property worth $60 million or is at a price point more accessible and it sure as shit won't be $60 million.
That's what they said publicly, but even search providers like Mojeek that have no AI capabilities appear to require some sort of "commercial agreement" to allow reddit scraping moving forward. It seems to me that Google was attempting to further distance itself from the competition with the agreement and that reddit went along with it because, in some way, it makes financial sense for reddit too.
That's what I find so interesting about this result.
For example Apple is paid ~$20 billion, or arguably charges that amount, to be the default search engine. That's REAL money when compared to the Reddit deal.