Matthew Prince

Why?

Hmm.

Because if you don't have Reddit, you don't have Reddit.

If you don't have the New York Times, go get the FT or the Washington Post or the Boston Globe or the Wall Street Journal, and you can kind of cobble it back together.

I think that the future of media is going to be not that.

I'm just going to tell the same story with my hyper-local audience.

It's going to be much more, I'm going to tell a story that nobody else is telling.

And by the way...

As an audience member, how much more would you rather actually see that?

You don't want to see yet another story of what happened in the White House.

You want to see like, hey, here's a really interesting thing that happened in your hometown or your neighborhood or what was going on.

Like people are craving that.

And so if we can create a business model that rewards it,

I think that's actually really pretty amazing.

So again, I come back to what am I playing for?

And I'm playing for a world where you have lots of AI companies, you've got lots of media companies, you've got lots of businesses, and they can all compete in a way which is fair.

that isn't the natural state of things.

Like we already feel like there's a very small number of AI companies that might win the game.

And if it turns out that building any of these models cost billions of dollars, like that's going to limit the number of people who are able to do it.

You know, I, I, I like the black mirror version of this is like content is going to be enormously valuable, but could you imagine open AI launching their own version of the associated press?