- cross-posted to:
- reddit@lemmy.world
- technology@beehaw.org
- cross-posted to:
- reddit@lemmy.world
- technology@beehaw.org
Summary
Reddit shares have dropped 50% from their February peak, when the stock had soared over 500% from its $34 IPO price last March.
Much of the early enthusiasm came from AI-related deals allowing Reddit’s content to be used for training models, but recent doubts about long-term growth in the AI sector have dimmed that optimism.
Analysts remain skeptical and some call the stock “super overvalued,” noting Reddit still is not making any money.
Market uncertainty and early investor sell-offs continue to weigh on Reddit and the broader tech sector.
You got me really curious so I prompted ChatGPT to give me a redditor style comment that’s anti-Trump followed by another far-left redditor’s reply to it and this is what it gave me:
Original Comment (Left-Leaning Anti-Trump Perspective):
“It’s honestly mind-blowing how Trump still has a cult following after everything. The man was impeached twice, incited an insurrection, and openly grifts his supporters with fake fundraising schemes. And yet, somehow, people still think he’s their ‘savior.’ The cognitive dissonance is off the charts.”
Far-Left Redditor Response:
“Because the system is fundamentally broken. Liberals act like voting blue is enough when the entire establishment—from corporate Dems to the GOP—is complicit in maintaining capitalism’s stranglehold. Trump is just a symptom of the rot. The real solution isn’t ‘vote harder’; it’s dismantling the system that enabled him in the first place.”
^ – this seems to be disturbingly accurate, I can only imagine this being produced at automated scale at this point.