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Index/AI & Data/The MAD Podcast with Matt Turck
The MAD Podcast with Matt Turck artwork

Cloudflare CEO: The Internet's Business Model Is Dead

The MAD Podcast with Matt Turck · 2026-06-25 · 1h 28m

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Episode notes

Cloudflare CEO and co-founder Matthew Prince joins Matt Turck for a wide-ranging and fascinating conversation about what happens when the Internet is no longer mostly used by humans, but by bots, AI agents and machines. Matthew explains why Cloudflare now sees automated traffic overtaking human traffic online, why agents could create a massive explosion in Internet traffic, and why the old web business model built around clicks, ads, and pageviews may be breaking. We also go deep on what Cloudflare actually does, how it built one of the world’s most important Internet networks, why products like Workers, AI Gateway, edge inference, Durable Objects, sandboxes, and agent security matter, and how Cloudflare is reorganizing itself for the AI era. Along the way, Matthew shares wild Cloudflare origin stories involving hacker kids, human rights groups, cricket in Pakistan, root servers, Eurovision, JPMorgan, and the strange paths that led Cloudflare from scrappy startup to critical Internet infrastructure.

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