Reddit CEO Steve Huffman said large language models “would not exist as we know them” without Reddit’s content. He called the platform’s user-generated data “modern oil” for AI. Huffman made the comments during an interview at Fast Company’s Most Innovative Companies Summit . What Huffman Said About Reddit’s Value To AI Huffman described the position Reddit’s data holds in the AI ecosystem. Huffman said: “LLMs would not exist as we know them without Reddit. Reddit is one of the single largest sources of training data for the LLMs and Reddit continues to be one of the primary sources of both training data and we’re also the most cited, the most cited platform across all models.” He attributed the citation claim to Profound, a firm that tracks AI citation data. Huffman explained why AI companies depend on the content. “There’s no artificial intelligence without actual intelligence. At the end of the day, these models are quite simple.…