Azeem Azhar

They have incredible profit margins, enough to make other banks and tech companies feel envious.

And so that flow has really, really broken.

Academics get funded.

They have to pay to have their articles, papers included.

They have to pay to read them.

And that's coming out of money that could go into the public good of scientific research.

How do we get that to work in this model?

You know, where we are, I think, is a really interesting point in the evolution of knowledge technologies and the way in which we think of the value of information.

And

Of course, pricing helps to do that, but it still leaves elements of market failure, things that don't get priced even though they're valuable.

So we'll cross that bridge in time.

So last two or three minutes before I let you go to your next appointment, there's publishers who sit in the middle, who don't have particularly distinctive content, who don't have a great set of resources to break through

They've got some time to make changes.

What are the changes that they should start to make?

It's an absolutely enormous question.

We ended up with this business model almost by accident 25 years ago through some experiments and something stuck and maybe can be a bit more design oriented for the next generation of the internet.

Matthew Prince, thank you so much for joining me today.

Thank you so much for having me.

Thanks for listening all the way to the end.

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