Reddit: The Most Human Place On The Internet
2026-05-29 04:03:48 ET
The Thesis
Think of Reddit (RDDT) as a plot of land. This plot of land is a space on the web. As AI-generated content continues to overrun the internet, the places that become the last bastion of human life will be the most valuable—not only for humans, but for advertisers. As advertisers face a growing share of impressions served to bots and AI agents, these rare plots of human land will only increase in value. Giants like Meta have billions of dollars’ worth of behavioral data on who you are, your age, your relationships, and your job. Meta feeds this data into algorithms that infer user intent so well that it squeezes roughly $57 from each user annually. Reddit cannot do that. Its users are pseudonymous by design, and it has no comparable identity graph. ...
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