My proof that we are in something, we saw a handful of content offers, and the company that gained the best offer is Reddit. We know from their public reports that last year they got nearly $ 140 million a year from Google and OpenAI.
Hmm.
If you compare it with a similar agreement that was concluded for the Fresh York Times, they got about $ 20 million. So Reddit got seven times more than the Fresh York Times. Why? Well, maybe it’s crazy …
I think I know where you are going and I will agree with you, but [$140 million compared to $20 million is] A wild other number.
Yes. But 20 minutes ago, I both think, we agreed that we were nostalgic to the bizarre internet …
Oh, I love Reddit.
… and there is nothing more than Reddit. Fresh York Times is amazing, but if you have data from The Fresh York Times, Wall Street Journal, The Washington Post, The Boston Globe, how is the real difference? Basically, the facts remain the same between them, while Reddit is such unique content, so we already have evidence that the business model of the AI network -based network will be the one that will reward Reddits in the world.
All right. I have to come up with what hole in Swiss cheese I will fill.
You know, the most terrible meeting I had in the last compact time was coffee with Anna Wintour. My wife was: “You must wear a suit.” And I say, “I have nothing.”
Wait. It is really crucial. What did you wear, Matthew?
It was in Fresh York and outside it was one hundred degrees, one hundred percent humidity. The only suit was this lightweight blue, falling, relatively massive suit. So I wore a suit.
Oh, boy.
Anna probably knocked over her eyes. But I was also a sweaty mess. So I think it was quite an embarrassing meeting.
This is a visual shocking. I’m sure she thought it was great. We in my boss are that she is really, really nice. So please.
She was incredibly, incredibly cute and so thoughtful about the entire content and media industry. So I really appreciated the possibility of choosing her brain.
It’s really witty.
Even though my sortal sense is nice …
Trust me, just like mine. I know this feeling.
Before we finish, I want to play a compact game that we came up with. This is called control, alt, remove. What piece of technology would you like to control? What piece would you alt, so change or change and what would you remove? What would you overcome from the ground if he had such an opportunity?
So remove. I would probably say Tiktok. It seems to me that zero protein, very low value, is really perilous and harmful.
UM, control. I feel very privileged in terms of what we do in Cloudflare, so I would like to have a significant impact on thinking about what the next business model of the network looks like. I don’t necessarily want to control it, but I would like to at least control, making sure that we reward the holes of cheese.
Then Alt. I still miss the home automation system, which is not sucking. Because I appeared in my house in Austin, and the lightweight switches did not work and I could not turn on the TV. You know, an knowledgeable house that was a bit smarter.
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