Cloudflare (NYSE: NET) shares surged roughly 16% to an all-time high after the company reported strong second-quarter earnings and raised its full-year outlook. Investors are increasingly confident that the network firm can successfully turn the explosion of automated web traffic into long-term growth. CFO Thomas Seifert even predicted that non-human traffic could eventually eclipse human web usage by a thousand-fold. CFO Thomas Seifert told analysts that if current trends hold, non-human traffic could reach “as much as 1,000 times as much as human traffic” within five years. “Humans will be a rounding error on the internet,” he said, adding that machine-generated traffic overtook human traffic on Cloudflare’s network back in May 2026.