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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)

Because again, the world is going to be a much better place if there's less rage bait and if there's more actual content, which is local, unique, and actually filling in human knowledge.

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

There are no markets without some level of scarcity.

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

there has to be scarcity in order for, we don't have a market for like breathable air, you know, unless you're underwater because there's plenty of it.

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

And there is a market for when you're underwater because there's not plenty of it.

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

And that's the only time that you have markets is there has to be some level of scarcity.

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

And so step one, no matter what,

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

the business model ends up being.

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

But step one has to be the people who are content creators say enough is enough.

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

We're not going to let you take our content without you compensating it for us.

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

And the crazy stat is that in the next few years, the amount of machine traffic on the web will far exceed

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

the amount of human traffic on the web.

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

And there's a real cost to that.

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

Like our customers have to pay CloudFlare in order to do that.

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

You've got to pay AWS in order to serve that traffic.

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

If content creators are not only getting no value, but also like having to pay more to service these machines, like just,

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

Just brass tacks.

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

That's not fair.

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

Someone who is actually benefiting from this should be paying the costs of both creating the content, but then also serving that content back out.

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

And that increasingly is going to be these AI companies that are getting the benefit back to it.

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

What I think is important is that the answer should not be, you know, that Cloudflare or any single entity determines what is good and what is bad online.