Behind Reddit's 30% Plunge: AI is Disrupting the Rules of the Internet! A statement made by Reddit's CEO during the earnings call has sparked heated discussions in international tech communities. It's truly astonishing how rapidly AI is disrupting the world. Reddit's CEO said: Google is still frantically scraping our content, but its AI search is no longer driving us traffic. Reddit's third-quarter revenue grew 53% year-over-year, yet its stock price plummeted by over 30% intraday on October 30th. The market's concern is no longer about how much money it can make now, but rather how many users will actively visit Reddit in the future. Previously, there was a 25-year-old tacit understanding on the internet: websites contributed content, Google provided traffic, and everyone profited. Now, Google uses AI to directly provide answers to users, eliminating the need for them to even visit the website. This transformation has only just begun. In the coming years, the rules governing internet traffic, content, and profit distribution will likely be completely reshaped.