AI Doom vs Boom, Big Bill’s Upside, Steel Moves

AI is boosting the return on investment, leading to more venture capital flowing into tech startups.

"When you have a higher ROI on deployed capital, do you deploy more capital or less capital? Suddenly you have this opportunity to make 20 times on your money versus 2 times on your money. If you have a chance to make 20 times on your money, you're going to deploy a lot more capital." - Friedberg

• AI boosts ROI, attracting more venture capital to startups. • Leverage AI to increase productivity and appeal to investors. • Increased capital flow can spur innovation and growth.

As AI transforms industries, founders must understand its impact on hiring and team building to stay competitive.

"What you're describing is a paradigm shift. [...] And what it did was it grew the top of the funnel of the number of developers by 10X. And as a result, what you had were all of these advancements for the internet. And I think what's happening right now is akin to the same thing." - Chamath

• Embrace AI tools to enhance team productivity. • Encourage your team, especially younger employees, to be AI-native. • Recognize that resistance to new tools can hinder progress.