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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)

But I am quite hopeful that it's something that the private markets will be able to figure out, you know, pretty well in the case of music.

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

Like, you know, if you think about the day before Steve Jobs steps on stage and launches iTunes 99 cents a song.

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

The entire music industry is worth about $8 billion.

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

Now, the 99 cents a song didn't turn out to be the right answer.

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

There was a whole bunch of potential legislation that people were threatening to pass.

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

There was a bunch of lawsuits that were there.

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

What ended up actually saving the music industry, though, wasn't any of those things.

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

It was the emergence of Spotify and Apple Music and Tidal and TikTok and YouTube and all the things that are now funneling much more revenue into the music industry than has ever happened in the history of the music industry.

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

And so I think that there's a potential for that to happen here as well.

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

I think the answer is gonna be different for everything which is out there.

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

If you've got a knowledge base for your developer platform, you're gonna want that content to be accessible by every agent which is out there for free.

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

You might even be willing to pay agents

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

to come and look at that information because it's marketing data, right?

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

It's a way to help teach people how to use your developer platform.

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

And if you make your developer platform easier to use and more programmable, then that's good for your business.

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

Today, even, we're seeing that while there's been a massive drop in the amount of traffic going to media companies, there's still a ton of traffic going from these AI agents and AI systems and answer engines

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

to kind of e-commerce companies.

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

Cause you know, you may ask chat GPT, which camera is the best one for me to buy, but you still have to go buy it from somewhere.

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

And so like, it's going to affect different things in different ways.

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

And our point is really, really simple, which is it should just be up to you, the creator of the service or the content or,