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by myko 400 days ago
I didn't get the impression it was meant as a joke:

"Every great venture capitalist in the last 70 years has missed most of the great companies of his generation... if it was a science, you could eventually dial it in and have somebody who gets 8 out of 10 [right]," the investor reasoned. "There's an intangibility to it, there's a taste aspect, the human relationship aspect, the psychology — by the way a lot of it is psychological analysis," he added.

"So like, it's possible that that is quite literally timeless," Andreessen posited. "And when the AIs are doing everything else, like, that may be one of the last remaining fields that people are still doing."

https://futurism.com/venture-capitalist-andreessen-jobs

2 comments

Andreessen isn't joking but I can still laugh at him. He has a serious conflict of interest here.

I would bet that AIs will master taste and human psychology before they'll cure cancer. (Insert Rick RubAIn meme here.)

Ironic how “no VC makes all the right picks” becomes “VCs are indispensable.”

In a rational market, LPs would index, but VCs justify their 2 & 20 by controlling access…