My proof that we’re onto one thing is we have seen a handful of content material offers, and the corporate that has gotten one of the best deal by far is Reddit. We all know from their public filings that final yr they bought near $140 million a yr from Google and OpenAI.
Hmm.
If you happen to examine that with an analogous deal that was finished for The New York Instances, they bought about $20 million. So Reddit bought seven instances greater than The New York Instances. Why? Effectively, possibly it is loopy …
I feel I do know the place you are going, and I am gonna agree with you, however [$140 million compared to $20 million is] a wildly completely different quantity.
Yeah. However 20 minutes in the past we each, I feel, agreed that we’re nostalgic for the quirky web …
Oh, I like Reddit.
… and there is nothing that represents that greater than Reddit. The New York Instances is wonderful, however when you have knowledge from The New York Instances, The Wall Road Journal, The Washington Publish, The Boston Globe, like how a lot actual distinction is there? Principally the details keep the identical between these, whereas Reddit is that this distinctive content material, and so we have already got some proof that the enterprise mannequin of the AI-driven internet goes to be one which rewards the Reddits of the world extra.
All proper. I gotta determine what gap within the Swiss cheese I am gonna fill.
You already know, the scariest assembly I’ve had within the final little bit was espresso with Anna Wintour. My spouse was like, “You must put on a swimsuit.” And I’m like, “I don’t have something.”
Wait. That is actually vital. What did you put on, Matthew?
It was in New York and it was 100 levels exterior, one hundred percent humidity. The one swimsuit I had was this gentle blue, fall, comparatively heavy swimsuit. So, I wore the swimsuit.
Oh boy.
Anna in all probability rolled her eyes at this. However I additionally was only a sweaty mess. So I feel it was a reasonably embarrassing assembly.
This can be a stunning visible. I am certain she thought it went nice. The factor about my boss is that she’s really actually, very nice. So there you go.
She was extremely, extremely beautiful, and so considerate about the entire content material and media business. So I actually appreciated the chance to get to choose her mind.
That is actually humorous.
Though my sartorial sense is fairly …
Belief me, so is mine. I do know the sensation.
Earlier than we finish, I wanna play somewhat sport we got here up with. It is known as Management, Alt, Delete. What piece of tech would you like to regulate? What piece would you alt, so alter or change, and what would you delete? What would you vanquish from the Earth if given the chance?
So, delete. I would in all probability say TikTok. Zero protein, very low-value content material, I feel, is actually harmful and damaging.
Um, management. I really feel tremendous privileged when it comes to what we do at Cloudflare, so I might like to have vital affect in considering by way of what the following enterprise mannequin of the net appears to be like like. I do not essentially wanna management it, however I might like to a minimum of management ensuring that we’re rewarding filling the holes within the cheese.
Then, alt. I am nonetheless eager for a house automation system that does not suck. As a result of I confirmed up at my home in Austin and the sunshine switches did not work and I could not flip the TV on. You already know, a sensible house that was somewhat bit smarter.
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