Pretty sure the asterisk thing is a meme in itself these days. Like when people talk about Fr*nch people
mfed1122
Yeah idk how the investors could be so dumb. Well, I mean, I do. But still. Exactly as you said, AI companies can just... Steal the data they want. Sooo
First off, that's a difference of 0.8M, not 1.8M. So you've got that significance overestimated by more than 100%.
The stock dropped 22%, which a metric missed by 1.48% does not at all explain. I don't think it's substantial at all. They essentially hit the target. Meanwhile revenue was $70M more than expected, which would be the main value of users anyways (aside from data selling, but then of course we get into the other factor...) So how does that possibly equate to 22% price drop? It could only be because the AI partnerships were essentially the only concern. Hence why I said the only value was human UGC. Because AI corps aren't willing to pay for that UGC, Reddits value plummets.
I'm talking about the annoying trend of stock market articles to try to explain things that hardly make sense. It's trying to make it sound like reddit's user count is in trouble when it's clearly not.
"What's behind the move: The user discussion platform company's latest earnings report did not announce any new artificial intelligence data licensing agreements, disappointing investors who were expecting more revenue opportunities from AI partnerships.
Revenue of $804.9 million beat estimates of $731.8 million. However, US daily active users came in at 53.2 million, just shy of expectations of 54 million. The company's total daily active users grew by 18% to 130.3 million versus estimates of 130.07 million. "
Lmao. 53.2 vs 54, and the headline says that's why it's tumbling? Nah, it's gotta be just the AI. I bet most of the reddit investors were also invested in AI stock and wanted to use reddit to pump the others. Hilarious. The entire value of Reddit is human UGC.
It's so crazy that this came out and is widely known and even people who know about it keep using his service while he is still CEO. Some segments of the masses are truly beyond saving. I guess Zuck wasn't wrong about them being dumb fucks at least
On the plus side, it worked without internet!
So you're saying that you can't drive this speed limit on those roads because of the amount of traffic, right? not because of some sort of geographic feature or shape of the roads?
Yeah...hard to imagine much of a way to get traffic updates in comaps, or any OSM project honestly. It seems like it would have to be a separately maintained service. And either way, I'm guessing the number of users that would buy into something like that just wouldn't be enough to get meaningful data most of the time. Especially since it pretty much relies on tracking people's locations, which I feel like is counter to the purpose of most people's reason for getting into those services.
It depends on what you use Google Maps for. For straight-up navigation, CoMaps is good. And I mean it's good at the navigation itself for the most part. Although sometimes when you enter in an address it thinks you're referring to the entire street. But most of my favorite restaurants and a lot of locations that have been open for a while aren't on it, which I've been happy to add. Locations that have been closed for a while are still on it, which I've been happy to delete.
But if you use Google Maps for discovering places or looking at pictures or seeing reviews of businesses, or if you do a lot of multi-stop trips, comaps doesn't have those features even in the littlest, tiniest bit, and in that sense there is legitimately no (Foss) competitor. For instance, if you're out and about on a vacation and you're trying to find a restaurant, nope, comaps is useless for that. If you're trying to plan a trip by seeing what's around somewhere, nope, useless for that too.
It really just focuses on navigation itself, and it does a pretty good job of that. I use it to get around when I drive.
And just like it was a stupid them for them to say to you it's a stupid thing for others to say to them
Oh shit it's Sanitation again. Sus indeed. Only reason I'm confused is I don't see much agenda, but also idk how bot strategies work. If sanitation is a real person I'd be curious to know the rationale too.
I agree Lemmy has been weirdly different the last 3 days exactly, maybe 5? More reposts
Lemmy user try not to call everything they dislike fascism challenge: IMPOSSIBLE ๐ฑ๐ฑ๐ฑ