It’s not your content, it’s theirs. Here comes the part where they sell access to the firehose and historical data instead of selling NFTs and making the mobile app worse like they have for the last few years, because the “value” is in that now. The money taps ran dry, but not for AI, sorry.

It's OP's content that they licensed to Reddit under the terms of their TOS. I'm curious if the generic "we have the right to do anything we want with your content" variation on most social media sites' TOS has really been challenged legally? To an extent it's fair use, but it can also be seen as a privacy overreach depending on the content that was deleted.

Not to their European customers. The GDPR gives us the right to our own data, and the right to be forgotten.