Across the US, venture capital firms are reporting enormous increases in logged hours and dinner bills as the thought of AI consumes partners’ every waking minute.
“Where previously our team has been spread widely thinking about many different industries, everyone now is narrowing in on somehting much more important: AI discussions”
Once unthinkable, these conversations about AI have miraculously shored up thousands of hours of Venture Capital time and energy, invigorating the industry like never before. An enormous influx in steak dinners across the San Francisco peninsula and Mantattan Areas have been noticably affecting the local economies.
“It’s almost every day now,” Juan De LaRosa, a server at Sundance Steakhouse in Palo Alto notes. “We have a big group of 10 to 15 white guys in collared shirts sitting around talking about the future of work. They seem really excited and conspiratorial, and it’s been ramping up pretty consistently for 15 months now.”
Withing these excited circles, the enthusiasm still isn’t peaking. “It’s going to be important for us to get this one right”, Sam Garker said of venture company Slobbiathan Ventures, “We’re investing extraordinary amounts of effort upfront in developing a culture of thought-sharing amongst our partners and funders... This consumes pretty much all my time”
Resturant owners, wilderness retreat owners, and online conference organizers are just some of the professionals now equally as enthusiastic about AI. “I have no idea why I would use any AI tool” says Tim Burners, owner ofConferencia, a an online conference hosting company “But I hope they keep working on it. I literally have never seen so much demand in my life”
As to what happens at these meetings, it’s anyone’s guess. Tracy Brown a wilderness retreat organizer thinks she can summarize it pretty well now at this point:
“Well, productivity in chips makes productivity in AI go up, which makes productivity of workers go up which makes productivity of chips go up. But that makes productivity of workers go up which makes productivity of goods go up which makes produtivity of chips go up which makes productivity of AI go up. But that only happens if AI can deliver on its promise of productivity of chips dependent on productivity of goods.”
Juan De LaRosa puts it a different way. “I need AI to continously be on the precipise of changing the world. If it’s not, then I think all these people would kill themselves.”
Not good for business indeed.
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