Signals

Signals

#Finance #Internet #Business #Community
Are We Watching The Internet Die?
Are We Watching The Internet Die?
Sometime this month, Reddit will go public at a valuation of $6.5bn. Select Redditors were offered the chance to buy stock at the initial listing price, which it hasn’t announced yet but is expected to be in the range of $31-34 per share. Regardless of the actual price,
Don't buy their lies. Generative AI might be steeped in the language of high fantasy, but it’s a tool, one that they will not admit is a terribly-flawed and unprofitable way to feed the growth-at-all-costs tech engine.
Are We Watching The Internet Die?