Article 6FX30 Hey tech billionaires, if you want to talk about radical change, let’s abolish venture capitalism| Samantha Floreani

Hey tech billionaires, if you want to talk about radical change, let’s abolish venture capitalism| Samantha Floreani

by
Samantha Floreani
from Economics | The Guardian on (#6FX30)

The future that technology elites like to imagine looks remarkably similar to the one we're in

Do you support sustainability, social responsibility, tech ethics, or trust and safety? Congratulations, you're an enemy of progress. That's according to the venture capitalist Marc Andreessen.

In his new self-published Techno-Optimist Manifesto, Andreessen presents his case for the advancement of technology under capitalism as virtuous" and capable of creating abundance that lifts all humans". Along the way he champions trickle-down economics (famously effective at increasing inequality), claims technology can solve any problem and suggests that slowing AI development is akin to murder.

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