Reddit and Stack Overflow will charge AI developers to access content on their websites, Wired said on April 20.
Sites may soon charge for data access
In an interview, Stack Overflow CEO Prashanth Chandrasekar said that his website will start charging big AI developers to access its content.
Stack Overflow is known for its tech-focused community Q&A forums. It’s unclear how much the site could charge developers for accessing its 50 million pages.
In a statement to Wired, Chandrasekar said:
“Community platforms that feed [large language models] They absolutely need to be compensated for their contributions so companies like us can reinvest in our communities…”
He also alluded to plans by the social networking site Reddit, which similarly intends to charge artificial intelligence developers for accessing its users’ posts. Reddit founder and CEO Steve Huffman made a statement to that effect to the New York Times on April 18.
Certain AI data sets are made up of data collected from around the web. The Washington Post recently analyzed those data sets and revealed the most frequently sourced websites, many of which may soon be interested in monetizing their data.
Can blockchain help monetize data?
Although it is unclear how much compensation these companies intend to get, or how they plan to monetize their data, there are various blockchain platforms for this purpose.
Fetch.ai is a platform that aims to monetize AI data, even if it is data produced by AI applications rather than data used in those applications. Fetch.ai recently raised $40 million and is among the oldest projects in this category due to its launch in 2019.
SingularityNET, which emerged around the same time, also aims to monetize AI-related services. It made significant gains around the launch of GPT4 in mid-March.
CryptoGPT, also intended for AI data monetization, is a recent project that has a more questionable reputation due to its ambitious claims and new era.
However, cryptocurrency-based monetization is not strictly necessary, and it seems likely that many websites will rely on traditional monetization instead.
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