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Reddit stock falls for second day as references to its content in ChatGPT responses plummet
(finance.yahoo.com)
This is a most excellent place for technology news and articles.
That's actually quite easy to explain. Reddits entire monetary value (or at least a very large portion) depends on how relevant it is as platform to mine user interactions - to use as training material for AI.
Reddit getting references less is a sign that the models, or the owning companies, value reddit data less compared to before.