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Matthew Prince

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1481 total appearances

Appearances Over Time

Podcast Appearances

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,

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

Almost every single AI company that I talk to says, of course, we should be paying for content, but it needs to be a level playing field.

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

It needs to be something where if we're paying, Google has to pay too.

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

And so once we get Google to say, yes, we're willing to pay, I actually think that we might actually unlock a huge new business model for the web and for content creators and potentially unlock really a new golden age of content creation.

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

I mean, Google, of course, is one of the players.

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

Absolutely.

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

But I think that what's optimistic to me

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

If you sort of understand what the incentives are, I think that the incentives of this new model may lead us to an Internet that all of us would like better than the Internet that we have today.