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The value comes from the work that can be done with it. If you can train an AI off it then it’s worth something.
It’s one thing if you’re processing and doing work with the data but Reddit will be getting $60,000,000 a year for simple having the data.
They can’t do the work without the data, though.
Or rather, they can’t do the work without the risk of Reddit raising a legal fuss that would cost them more than $60 million. The data itself can already be downloaded for free from various places.
