I think AI has a good chance of ending venture capitalism or at least severely reducing it.

[kdkorte@fosstodon.org]

I think AI has a good chance of ending venture capitalism or at least severely reducing it. Yet, it won't be by AI replacing the people behind it. More like, the AI crash will destroy most of the sector's money, forcing it to reorient itself.
#AI #venturecapitalism
https://www.wired.com/story/ai-kill-venture-capital/

[aakl@infosec.exchange]

@kdkorte A crash or maybe after AI companies bleed them dry and cast them aside. And then, they'll find another fad to sink their teeth in.

[kdkorte@fosstodon.org]

@AAKL Not if most of them burn all their money.

[aakl@infosec.exchange]

@kdkorte How much are the tickets?

[kdkorte@fosstodon.org]

@AAKL One soul, please.

[aakl@infosec.exchange]

@kdkorte Ouch.