Nicholas Thompson

And they just went in and they took everything and they took it and they trained on it and they built their engine on it and there was no...

They hid it all so that it would be hard for us to find, right?

It was like a burglar comes in, takes your stuff and buries it underground, right?

Right.

And then not only that,

Like, we're not going to publish system cards that show what we were trained on, mainly so that the people whose stuff we took to train on can't, you know, don't have a hard time coming after us.

You know, they did that because they didn't have cash.

Negotiations are hard, but now they're big.

They're worth billions of dollars.

And so there's this original sin.

And, you know, they have to figure out how to deal with it and we have to figure out how to deal with it.

And so what Cloudflare has done is it's changed a little bit of the leverage.

There are other ways the leverage could change.

It could change through lawsuits.

It could change through legislation.

There are lots of ways the leverage could change.

But, you know, it has been unfair negotiation so far and now it's getting fairer.

I think that the economists should go out and they should do research on what a fair exchange would be.

Like, I would actually love to have, I can do a back of the envelope calculation, right?

What percent of the trading data, let's just take Anthropic as an example, because they've basically made no deals with anybody.