Just over the last few years it went virtual reality, blockchain and crypto crap, and now chatbots.
What will the next fad be? I’d like to know so I can convince one of these VC ghouls that they should give me money for vaporware.
Just over the last few years it went virtual reality, blockchain and crypto crap, and now chatbots.
What will the next fad be? I’d like to know so I can convince one of these VC ghouls that they should give me money for vaporware.
Short-term, they will probably just invest in defense tech and retreat to their guarded villas while they ruthlessly wield the platforms they own to extract maximum wealth now that the growth game is up. Or maybe something with biotech, I don’t really know.
Long-term (10 years) it won’t matter what western VCs think because the world’s innovative capacity is all concentrated in east asia (source). It takes about 10 years for research to show up in industry. So maybe they double down on South Korean and Japanese empire holdings, provided both of those vassals remain loyal.
Or maybe YCombinator becomes America’s SoftBank and heavily invests abroad. It will be interesting to see.