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  • Hacker News
  • However, not safe from molotov cocktails
    by calldacopsidgaf
  • It is same time hilarious take as described in the article but also a weird take for smart man in many ways: surely entrepreneurship itself will also change if AI did replace most of the human jobs. Why would those psychological factors matter as much as they did?
    by dirtyaura
  • It is difficult to get a man to understand something when his salary depends upon his not understanding it - H.L. Mencken
    by theonemind
  • VCs are more likely to be replaced by a simple statistical model.
    by whazor
  • Exactly this. VCs are bottlenecked by being able to find patterns in piles of data from a start up, and then scaling that across the many companies they consider. If only there was some technology that was well suited to this task ...
    by rwmj
  • This is ancient news. Why is it here?
    by joebuckwilliams
  • It could definitely take over coming up with hilariously bad takes for him.
    by cdrnsf
  • "Everyone's job is automatable but mine!"
    by sango_ta
  • That is not a job by definitionn of capital.
    by NonHyloMorph
  • For some time a lot of people though these guys were going to be the "cool" elites that can influence the government positively, and people were willing to vote for this administration because it would be "their turn at the table".

    They're just cringe, awkward, and just as damaging - if not more - then the previous elites in modern times.

    At least the oil barons, big pharma, banks etc stayed in the shadows - these guys are celebrity divas...

    How many iterations are we going to need to end this sort of wealth?

    by libertine
  • I'm just gonna copy and paste my comment from another thread here:

    >Aka I thought the stuff that these other guys are doing was not so difficult. No one can replace me, of course.

    >Many such cases.

    by ahartmetz
  • This is how you know these people are out of touch and shouldn’t be listened to
    by sharts
  • One Job Is Mostly Safe from AI: Crackheads
    by jackb4040
  • Had me rolling
    by mdotk
  • In reality, VC is probably the most threatened because value and investment dollars have increasingly accrued to large public companies and a handful of a growth companies, the power law has never been stronger and returns never more stratified.

    You can't just build a fund throwing out money at Seed and Series A SaaS companies anymore, more than ever company spend is going towards a few AI providers as "buy vs build" shifts in the opposite direction than before

    And additionally you could argue that LLM coding is replacing the need for much of pre-Seed and Seed money that would go towards hiring the first 1-3 engineers and MVP development

    by nylonstrung
  • The value accrues to much later stages. The odds of a 10x used to diminish after the early rounds. Idds that a $100bn valuation goes to $1t are now higher than a $100m gets to $1bn

    But VCs note this and they just move up the stack so it's mostly fine.

    The thing that VCs have to contend with primarily is not so much throwing money at random seed or series A companies, but managing conflicts. They can't invest indiscriminately and generally have to pick a winner to back in each category. It's probably more relevant at the early stage, but it's very frowned upon by founders if their investor also invests in their competitors. And at the end of the day, VCs have to convince the hottest companies to take their money, and most companies would object.

    by bko