![]() ![]() ![]() That is clearly unsustainable for a small developer and even more so for the hobbyists and open-source developers building free bots and plugins that add features not offered by Reddit. Writing on Reddit yesterday evening, he explained: “I quickly inputted this in my app, and saw that it was not far off Twitter’s outstandingly high API prices, at $12,000, and with my current usage would cost almost $2m per month, or over $20m per year.” “The price they gave was $0.24 for 1,000 API calls,” said Christian Selig, developer of popular Reddit app Apollo. “More than any other place on the internet, Reddit is a home for authentic conversation,” Huffman explained. He said the value comes from the conversational nature of the platform and the fact it is constantly updated. He told the New York Times: “We don’t need to give all of that value to some of the largest companies in the world for free.” Reddit is increasing the cost of its API access to make money from its ‘valuable’ data corpus (Photo by Stanislau Palaukou / Shutterstock)Īnnouncing a series of changes to the popular community platform in April, Reddit CEO Steve Huffman described the Reddit corpus of data as “really valuable”. ![]() The move mirrors one introduced by Elon Musk at Twitter earlier this year, and one expert told Tech Monitor data scraping to feed generative AI models was in part to blame for the shift in API pricing. The price is going from a few dollars for 50 million API calls to $12,000. Some of the most popular apps and bots on Reddit will shut down at the end of the month after a major hike in the cost of using the site’s API. ![]()
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