Matthew Prince

Problem number one.

Problem number two is we've now just picked who the winners are going to be, which are the people who are going to be able to pay the most today.

So essentially, you know, Google, Facebook, Microsoft, Amazon, Apple, that they will be able to say, OK, we'll corner the market by by doing this.

Ideally, what you really want is a whole bunch of buyers.

You want a whole bunch of AI companies that are out there and you want it to make it so that a new entrant into this has a chance of actually participating.

So maybe the price paid is actually a reflection of how many users you have.

If you have a lot of users, you pay more.

If you have fewer users, you pay less.

You also want a bunch of sellers that are involved.

You want the local newspapers.

You don't want massive conglomerates to exist.

And you want that to happen between those various things.

So it could be that it's sort of a price per transaction.

The other model that it could be is much more like what you described, you know, with the music licensing services, with something like a Spotify, where effectively they collect a pool of capital.

And then they distribute it out in a way which is fair on both sides.

And ideally you'll have multiple different players who will say, Hey, here's how we distribute it that we think is fair.

Here's another company that says, here's how we distribute that you think it's fair.

And each of them, you know, tries to negotiate with the big AI companies to get the best possible deal for their, you know, members or for their, for their end customers.

But step one has to be you have to have scarcity.

A quick note.