Matthew Prince

You have a scarce resource, you charge for it, and then you help them discover what of that content that was created is the most valuable.

And undoubtedly,

There will be kind of the SEO of the future that is creating content, which, you know, is exactly what OpenAI wants to think.

But if OpenAI has designed their algorithms to say what we really want is to figure out, you know, what the true carrying capacity of, you know, an unladen swallow is.

That's going to be the sort of thing that people will then go out and do research on.

And again, that's filling in the holes in the cheese and that's advancing in a different way than the article that's like, you know, this one simple trick to, you know, eliminate your belly, you know, fat or you can't believe what Donald Trump did today.

Like whatever it is that's just entirely designed to get people pissed off.

If instead we're doing something that actually is answering questions

You know, queries, whether that's actually factual or or creative or humorous or whatever it is like that is a better world.

And that's the one that when the business model changes, which it has to, it will for sure change.

We should all be thinking, how would we like that business model to look going forward?

And then how can we design the incentives to get there?

I mean, Michael Bloomberg made an enormous amount of money just charging for 15 minutes of scarcity.

Right.

I don't know exactly how it will get set up, but I'm pretty sure the answer won't be every content creator figures out exactly what their price is internally and then charges for it.

It may not even be that it's sort of a microtransaction.

It could be, but it may not be.

One version of this is absolutely you have some sort of almost real-time bidding through a market maker that is essentially figuring out what the price is.

The hard thing is that that works really well for commodities where it's the same in all cases.

What I worry about is if we just say a token is a token is a token, that's going to lead to sort of a spammy, horrible outcome.