Reddit starts charging for access to its API

Reddit, the American news and social discussion portal, has announced that it will start charging for the use of its API. “It’s a good time for us to tighten things up. We think it’s fair,” Reddit co-founder and CEO Steve Huffman said in a statement. Reddit, the American news and social discussion portal founded in 2005 by Steve Huffman, has announced that it will start charging for the use of its API. News today comes on the heels of Twitter’s decision to restrict third-party access to its data. “It’s a good time for us to tighten things up. We think it’s fair,” Reddit co-founder and CEO Steve Huffman told The Times. As The Times noted, Reddit is increasingly used to train high-profile, text-generating machine learning models such as OpenAI’s ChatGPT and GPT-4. Reddit is a media site that provides services to its users with hundreds of millions of visitors per month, discussions that are added every day and contributed to by its users, and control mechanisms such as the moderation of these discussions by editors. Users can create communities for themselves here, manage them voluntarily and open them to the outside. In just 15 years, Reddit has surpassed Twitter, YouTube and Facebook as one of the most popular social content producers. Reddit has a monthly active user base of approximately 430 million. According to 70 percent of users, the biggest reason to use Reddit is to have fun. The second most common reason is to gain information.