How This Venture Capitalist Sees Into the Post-software Future
Robotics FOMO, Scaling Laws, & Technology Forecasting - Michael Dempsey: Blog
michaeldempsey.meEvery builder's first duty is philosophical: to decide what they should build for.
AI is beginning to decide what ideas reach your mind—your next action, your next job, your next relationship. It will tempt you to outsource your thinking in ways you’ve never been tempted before.
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Brendan McCord 🏛️ x 🤖x.comYou can trace the shift cleary through three eras:
- Venture Capitalism (pre-2008)
- Alpha driven by : Risk and discovery.
- Example : Early Google, Genentech, small funds, asymmetric bets.
- Purpose : Generate outsize returns on investment.
- Venture Developmentalism (2008-2020)
- Alpha driven by : Coordination under the state.
- Example : Uber, Airbnb,