this post was submitted on 01 Aug 2026
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As Reddit stock falls, CEO questions value of Google's AI Overviews (arstechnica.com)
submitted 19 hours ago by FoxtrotDeltaTango@sh.itjust.works to c/technology@lemmy.world
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[–] 404found@lemmy.zip 50 points 15 hours ago (1 children)

CEO, Steve Huffman, addresses investors: 

As the internet becomes flooded with synthetic content, people are craving real human perspective. We are the antidote to an automated web. AI compresses the internet into summaries. 

Reddit delivers the opposite: deep discussions, passionate debates, and lived experiences. People don’t want a summary of Reddit; they want Reddit.

Interesting take Steve. I guess they have to tell investors something other than reddit has allowed AI bot takeover on Subreddits have strict rules that mute most of its real users.

[–] Zink@programming.dev 13 points 12 hours ago

That quote makes it sound like he really understands why the users might not want him to destroy reddit.

Which also makes it sound like he is fully aware of his own conscious choice to destroy what could be a valuable resource for millions of people just so his sorry little ass can get slightly richer than he would have already been.