As Reddit stock falls, CEO questions value of Google's AI Overviews
Ars Technica Samuel Axon ● Covered by 2 sources
Reddit CEO Steve Huffman criticized Google's AI Overviews feature during earnings, arguing that summarizing search results provides less value to publishers than traditional link-based search, as Reddit considers ending its $60 million licensing deal with Google. A Pew Research study found AI Overviews reduced referrals to publisher sites by nearly 50 percent compared to the previous model. Publishers including Reuters, Politico, and The Economist are similarly reconsidering their arrangements with Google over concerns that AI summaries cannibalize traffic to their content.
Why it matters
Reddit may still be considering ending its licensing deal with Google.
