Matthew Prince

If one of those papers doesn't license their content to you, but the other one does, you basically just take the Wall Street Journal and tell it to rewrite its content as if it's a New York liberal and you get the New York Times.

There's another way of saying that it's unfair to the New York Times, but not radically unfair.

Another way of saying that is that

The media business for a long time was tell the exact same story to an increasingly narrow tribe and increasingly narrow audience.

I don't think that that has much value in the future.

Whereas imagine a future version of the New York Times that reviewed not hotels in New York, but hotel rooms in New York.

I can tell you whether 1313 versus 1314 in the Marriott Marquis is better, right?

Incredible local news.

You know, I can tell you what bodega in New York is the best place to get a bagel, right?

Or whatever it is.

Like, I think that's the content, which is actually going to be incredibly valuable for AI companies going forward.

You can't be AGI if you don't have that information.

Whereas if you don't have, you know, yet another take on what happened to the White House today, like there's plenty of places to get that information.

So I think the future of news actually might be much more unique, much more local, much more original.

And it's the same reason that if you take the New York Times, great, amazing media organization.

And you take Reddit, also amazing media organization.

It turns out that if you look at their corpuses, they have about the same number of tokens in them.

You know, New York Times has been publishing a lot longer.

Reddit's higher volume.

But Reddit got substantially more for the same number of tokens for their content than the New York Times.