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this post was submitted on 21 Jun 2023
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Technology
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This article has so many inaccuracies… I haven’t talked with a single person that thinks Reddit shouldn’t charge for api access. And the final comment about being legally obligated to pursue profit is just factually incorrect. https://legislate.ai/blog/does-the-law-require-public-companies-to-maximise-shareholder-value
You can find plenty of other sources just like that one saying the same thing. I’m pretty sick of this myth, because it gives all these companies a bogeyman to hide behind.
This point struck me too:
This is my feeling. I understand that it could cost something. But the eye-watering rates for the small fish and the speed of the extortion is the issue.
Think of it as killing two birds with one stone: they monetize users by getting AI firms to pay for all the valuable content redditors have posted over the years, and they kill off app competitors who are giving redditors alternatives to the mobile app.
That’s really all it’s about.
AI firms will just scrape anyway.
Which, somewhat hilariously, will be more resource intensive than the API. It's a part of the reason why companies have APIs, to dissuade scraping.