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Matthew Prince

👤 Person
347 total appearances

Appearances Over Time

Podcast Appearances

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

I think the better outcome is one in which we say, fundamentally, some amount that you're paying for chat GPT, some amount that you're paying for whoever your AI agent is that's out there,

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

as it is giving you value from the content that is on the web, some amount of that fee or that revenue that the AI companies are generating, that should go back to the content creators.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

And to me, that just seems like common sense.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

If you think about it, though, like Google has been really one of the real good guys in the web ecosystem.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

If Google hadn't created all of the monetization tools that we have, I think the web would be significantly smaller than it is today.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

And so, yes, they have reaped significant rewards, but nobody has actually given back to the open web at the scale that Google has.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

The irony, though, is that it's sort of like, you know, it's like a Marvel movie.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

Whoever was, you know, the hero before becomes the villain, you know, in the next story.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

And I think right now, Google is at a real inflection point.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

where they are the ones who are actually saying, we are unwilling to pay for content in this new AI world because we've always gotten it for free.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

But what's changed, what's changed is that in the past, when Google got the content for free, they gave something back, which was traffic.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

Now Google is saying, we want to get the content still for free, but we're unwilling to actually give traffic back.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

And again, it's not a willingness, it's actually the interface doesn't inherently give content back.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

And so the force that really has to change in order to get this to happen is Google has to say the business model of yesterday isn't going to be the business model of the future.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

Us being the patron of the web is still incredibly important.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

And we and everyone else who are getting benefit from this for these AI engines that we're creating, we should actually be compensating content creators for that.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

I'm actually optimistic.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

that one, Google will come around to that perspective, either, you know, willingly or they'll be forced to.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

But two, that when they do, that that will actually kind of, you know, be the thing that breaks through the dam and that we will see across the board AI companies say, yes, we want to do it.

Azeem Azhar's Exponential View
Inside the collapse of the internet economy (and what comes next)

Because,