“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.
Venture capitalism: famously the only human activity in history that involves human relationships, psychology, or aesthetic taste.
Is he saying all there is to VC’ing is picking the right startup to back? What the fuck is “work” then. Vibe checking the startup founder? He’s right then, it’s not going to be replaced with AI because its a useless fucking job. God, these people belong in the
Well you also have to give dumbfuck interviews about things you fundamentally misunderstand and (apparently) participate in dozens of fascist group chats at once. Truly the pinnacle of human behavior and development.
When your job is just “I/my friends have a lot of money to gamble,” it turns out there’s not much to it.
gambler telling you they have a system maaaaaaan
I’d bet real money that if you gave ChatGPT $5 billion and had it “”“invest”“” it would do as well or better than most of these idiots. Poster children for “born on third base and think they hit a triple.”
Not to tout YouTubers, but Micheal Reeves literally had a goldfish do his trading and it made him more money than the average hedgefund manager.
VCs are so absurdly dumb, it’s mind-boggling. Absolute toddler brains that will be amazed by the slightest bit of flattery combined with jingling car keys in front of their idiotic faces. If every single VC dropped dead tomorrow, it would literally just be a net positive for the world, which is not something you can say about many jobs.
I can automate his job with a 100 line Python script
All I’ll say in response to this is that Marc seems like the most easily reachable of these billionaires that absolutely need to be removed from this world
I’m conflicted… such a punchable face… but what if it bursts on impact?
Wear gloves
The only reason these people are allowed to speak freely is because there is no
context
The egg card in Balatro gains 3 dollars of value per round, which you can redeem by selling the card. This card has the eternal tag which means it cannot be sold, and the rental tag, which means it costs 3 dollars per round just to have in your hand. In effect, this card earns money that you can’t access while charging you money for the privilege of doing so, and also prvents you from doing something more productive with the joker slot. – It’s effectively a parasite
Yeah but if you get the ceremonial knife you can get rid of it and it becomes useful… wait we might be onto something here
Knife doesn’t eat eternal jokers unfortunately
Pirate joker tho
Hey AI plumber, the AI drywallers covered your domestic water before you tested it. What do you AI do about?
pulling my phone out to tell grok to roto-root my toilet again
Tesla’s humanoid robo plumber shows up, walks directly into a wall, and catches on fire. The clogged pipe is no longer a problem because your house burned down.
reports it as a success in his statistics.The robot turns off autopilot moments before the accident, allowing it to claim it technically wasn’t responsible.
Who’s gonna buy your shit?
The contradictions are sharpening
The invisible hand
Tech companies don’t even sell products, it’s all speculative value
Yeah but that value COMES from somewhere. You speculate on the prospect of people BUYING something at SOME POINT.
least stupid venture capitalist
Aren’t white collar jobs the most likely to be replaced?
If factories existed anymore it would be factory jobs. White collar jobs will be replaced in the same way they’re always replaced which is that computers get a little better and as a result you don’t need to hire the same number of people per unit of work. Or you can hire the same people and have more work.
I work in a factory.
The material handling drone-scooter things they have to replace the forklift operators keep running into shit lol
The warehouse I work at hasn’t started using robot labor to replace humans on the floor yet thanks to the Unions, but they switched 4PL providers to one that uses some robot thing for load planning and it’s been a nightmare.
you gotta find out who’s pooping on the factory floor
Sold my soul to the company store
That’s why I poop on the factory floor
Factories do exist. We still make a lot of shit, we just don’t make a lot of shit that other people want to (or can afford to) buy from us.
With the current LLM or LIM stuff? Unlikely.
LIMs are only used for high quantity quality assurance in factories rn. Mixing the stuff with automation in a way that will actually impact the factory floor is likely a decade off or more, at least in the U.S. Idk how LLMs will ever be able to get into the mix, given how specialized most factory processes actually are. Hell we can’t even get CAM programs to automate themselves properly without correction and that shit has been in the work since CAD software was designed.
Most firms that are turning towards automation are not looking to remove workers (if they are competent) just up production quality and quantity and not have to raise wages by lowering basic manual vocational expertise. They are trying to make factory jobs, which had become more specialized with deindustrialization, into more general entry level jobs like the service industry again, where you can more easily plug and play less skilled workers rather than having to have a skilled operator, machinist, welder, etc on a machine for efficiency. Of course, all of this will also require semi-competent manufacturing engineers, which is a very slowly growing field in the U.S, despite being one of the O.G. engineering fields, so it will add white collar jobs.
All VC know is write bad manifesto, eat computer chip, and lie
we shouldnt replace venture capitalists with AI. we should re-place them into prisons
Calling it “the AIs”
So what he’s saying is that all that’s needed to stop this AI bullshit is
