VC firms are pioneering a new investment strategy: acquiring established businesses and optimizing them with AI to boost efficiency and customer reach.
Makes sense to me. AI bullshit generators may be worse than useless for most of the things people try to do with them, but they might just be the perfect tool for rationalizing the systematic looting of formerly productive companies by private equity.
Makes sense to me. AI bullshit generators may be worse than useless for most of the things people try to do with them, but they might just be the perfect tool for rationalizing the systematic looting of formerly productive companies by private equity.