Matthew Prince

Things Matthew Says on Podcasts

Co-founder and CEO of Cloudflare, the internet security and infrastructure company. Before Cloudflare he taught cyberlaw at the University of Illinois Chicago School of Law and helped launch Unspam Technologies and Project Honey Pot. Writes Cloudflare's annual founders' letter on The Cloudflare Blog and appears as a guest on TBPN, Bloomberg Tech, Decoder, Big Technology and The MAD Podcast, where he talks about AI agent traffic, AI crawlers and the internet's business model.

Where to Find Them

Matthew Prince writes The Logan Bartlett Show and writes The Cloudflare Blog . They have also been a guest on TBPN (6 times) , Mad Money w/ Jim Cramer (5 times) , Bloomberg Tech (5 times) , Closing Bell (3 times) , Foreign Policy Live (2 times) , Hard Fork (NYT) (2 times) , Decoder with Nilay Patel (2 times) , Big Technology (2 times) , Masters of Scale (2 times) , No Priors , Uncanny Valley | WIRED , Squawk Pod , CoinDesk Podcast Network , The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch , Bankless and The MAD Podcast with Matt Turck .

Recently: “Matthew Prince on PHP2Shell, iPhone Duo Early Reactions, Meta Unveils New Class C Stock | Matthew Prince, Kevin Weil, MC Lader, Dillon Baxter, Richard Starson, Brian Manning” on TBPN (October 2026); “Meta Doubles Down on AI Spending, Plans New Class C Shares” on Bloomberg Tech (October 2026); “Cloudflare CEO Says AI Agent Traffic Could Be 1,000X Human Traffic in Five Years” on CoinDesk Podcast Network (October 2026); “Cloudflare’s 2026 Annual Founders’ Letter” on The Cloudflare Blog (September 2026); “Can Cloudflare save the web from AI?” on Decoder with Nilay Patel (September 2026); “Cloudflare CEO: We're Ready To Block Millions of Websites From AI — With Matthew Prince” on Big Technology (September 2026).

What They Said

“Bots don't click on ads. They don't respond to pretty swirls of paint and what we traditionally think of as a brand.” — Matthew Prince, Decoder with Nilay Patel

Prince kept being asked at conferences when automated traffic would overtake human traffic online, and each time Cloudflare pulled the data the date moved earlier — until in May his team told him it had already happened. He now expects automated traffic to be a thousand times human traffic within five years. His point is that someone has to pay for the infrastructure carrying all of it, and the advertising model that funded the web for thirty years doesn't work on machines.

Decoder with Nilay Patel · 2026-09-26 Permalink → Listen →
Decoder with Nilay Patel Around 04:23 into the episode
Matthew Prince

…our business. And I think the thing that we've recently started to think about is the business model of the internet is changing dramatically. And we're sort of trying to help work on shaping what that future business model of the internet looks like and how can we make it as healthy as possible.

Nilay Patel

…that's fine. That's a shift. That's just a notable shift, right? The business model of the internet has dramatically changed because of AI, because of bot traffic, because of AI scrapers, the whole thing. Describe what you think the business model of the internet is right now and what it should be.

Matthew Prince

…the traffic. And the challenge of that is if you have, first of all, a thousand times more traffic, someone's got to pay for the infrastructure to power that. Like that's going to require bandwidth, that's going to require servers, that's going to require a lot of things in order to make that happen. And the traditional model of how to pay for that, which was advertising, doesn't work for bots. Bots don't click on ads. They don't respond to pretty swirls of paint and what we traditionally think of as a brand. And so we've got to come up with something else that's going to power that just incredible, insatiable demand that's going to be put on the internet going forward. And that's what I'm spending a lot of my time trying to think about what that's going to look like.

Nilay Patel

When you describe that as a business model, that sort of implies that there's going to be customers and revenue and profits. And I don't know if any of that's true.

Matthew Prince

I mean, I think there's, I mean, there's certainly a lot of revenue. Well, there's

Nilay Patel

maybe for the Cloudflares and the Googles of the world, but for the

Speaker names come from our own diarization. The position is estimated from where the line sits in the episode.

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