Reddit’s big boss, Steve Huffman, has this idea: to make the platform a paradise for both the Scrollers (you know, the folks who can’t stop diving into threads about sourdough or the latest pop culture drama) and the Seekers. Those Seekers? They’re the ones googling stuff and slapping ‘Reddit’ at the end, craving that sweet, unfiltered human insight. Enter Answers, Reddit’s new AI chatbot, ready to serve up knowledge with a side of sass. 🔥
Since it sneaked into beta last December, Answers has been quietly racking up 1 million weekly users. Huffman dropped this nugget during Reddit’s Q1 earnings call, pointing out that, until now, the platform kinda ignored the Seekers. ‘They’re not here to join a community at that moment. They want answers, plain and simple,’ he said. And Reddit’s finally listening.
Right now, you can find Answers hiding in the app’s navigation bar, but Reddit’s not done. By 2025, they’re thinking of shoving it right into the main search box. Picture this: you open Reddit, type in your existential crisis (or, you know, how to fix your leaky faucet), and bam—Answers points you in the right direction. No more endless scrolling. 😮
And here’s the kicker: Huffman teased the idea of Answers popping up in external searches, giving you the TL;DR of Reddit’s wisdom. It’s a slick move to dodge Google’s mood swings, which recently threw Reddit’s user growth for a loop thanks to some algorithm tinkering.
Despite that hiccup, Reddit’s stock is laughing all the way to the bank, with revenue up a whopping 61% to $392.4 million and daily users climbing 31% to 108.1 million. With Q2 revenue expected to hit between $410 million and $430 million, it’s clear Reddit’s betting big on AI—and winning.