• Banananomics
  • Posts
  • Banananomics: Last Minute OpenAI And Reddit Deal Official

Banananomics: Last Minute OpenAI And Reddit Deal Official

Pioneering New Directed Energy Weapons For Drone Reckoning

Global News You Need To Know

Happy Friday!

Last Minute OpenAI And Reddit Deal Official

OpenAI has signed a deal for access to real-time content from Reddit's data API, which means it can surface discussions from the site within ChatGPT and other new products.

Inputs that matter: OpenAI and Reddit are teaming up in a deal that will bring the social media platform's content to ChatGPT.

  • Reddit said that the agreement will give OpenAI access to its data application programming interface, which provides real-time, structured, and unique content from the platform.

  • Reddit users and moderators will also gain access to new artificial intelligence-powered features, and OpenAI will become a Reddit advertising partner.

  • OpenAI CEO Sam Altman accumulated a stake in Reddit as an early investor, which has made him one of the company's most significant shareholders.

The opportunity: The blog post announcing the arrangement did not reveal financial terms, and neither company mentioned training data. 

  • That last detail differs from the deal with Google, where Reddit explicitly stated it would give Google "more efficient ways to train models."

  • Reddit said the deal is consistent with other content arrangements and doesn't change its data API terms or developer terms, which say that content accessed through Reddit's data API can't be used for commercial purposes without the platform's approval.

Zoom in: "Reddit has become one of the internet's largest open archives of authentic, relevant, and always up-to-date human conversations about anything and everything. Including it in ChatGPT upholds our belief in a connected internet, helps people find more of what they're looking for, and helps new audiences find community on Reddit," CEO Steve Huffman says.

  • The company has not always been friendly toward companies scraping data to train AI models.

  • It threatened to block Google web crawlers from accessing the site.

  • OpenAI told the moderators of the subreddit r/ChatGPT that they violated OpenAI's copyright by using the ChatGPT logo as a display photo.

Pioneering New Directed Energy Weapons For Drone Reckoning

A new directed energy weapon is being rolled out to bolster British defense capabilities.

Inputs that matter: At 13 cents a shot, it's just as practical but much cheaper than the multi-million dollar missiles it's designed to replace.

  • The Radio Frequency Directed Energy Weapon (RFDEW) is part of the British government's policy to respond to a changing geopolitical situation.

  • It will increase spending on defense to 2.5% of GDP by 2030, placing the country's defense on a more war footing.

  • This policy change also includes fast-tracking the rollout of lasers and other directed energy weapons.

The opportunity: Knocking out a drone that costs a few thousand dollars with a missile costing millions of dollars per round is lousy economics – see, for example, the US$1.3-2.5 million Sea Viper missile used to take out a US$20,000 drone, as reported by Navy Lookout. 

  • Also, missile stockpiles are small, and swarms of cheap drones could quickly exhaust them.

  • Energy weapons overcome these problems because, though the weapon itself costs money, it is astonishingly cheap on a shot-by-shot basis.

  • And, since they fire energy rather than solid rounds, they can fire an infinite number of times so long as the energy holds.

Zoom in: The RFDEW is a self-contained energy weapon that can be operated by one person and can detect, track, and engage multiple threats at a range of up to a kilometer (0.62 miles).

  • It can also be installed on everything from a warship to the back of a lorry.

  • The RFDEW is a self-contained energy weapon that can be operated by one person and can detect, track, and engage multiple threats at a range of up to a kilometer (0.62 miles).

  • The main target will be drones or aircraft electronics, blasting them with electromagnetic radiation.

Get your official Banananomics swag

Banananomics official swag store is open. A place to buy Banananomics merchandise, such as:

As always, we appreciate your support. International shipping is available.

Thank you for reading,

Todd Moses (CEO)