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#2: Reddit and the death of the public internet; the end of the VC "epoch"

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Jun 16, 2023
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INSIGHT

Open APIs Became A Privacy-Control Tradeoff

  • Open social APIs created powerful ecosystems but also sacrificed control over privacy and platform safety.
  • AI turned that discarded public data into hugely valuable training material, forcing platforms to lock down access.
INSIGHT

AI Made Public Data Suddenly Priceless

  • Dumping massive amounts of public language into one index suddenly unlocked powerful AI capabilities.
  • That realization reframed
INSIGHT

Private Spaces Are Replacing The Public Web

  • The panel argued the public web is declining while private, encrypted spaces like Discord and iMessage are growing.
  • They expect niche communities to migrate to private platforms, reducing open discovery and search utility.
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