VanDevender: Digital platforms increase the economic value of physical proximity
Aaron VanDevender · 20VC: Founders Fund's Chief Scientist on Why AI Is Mostly A Scam, Why The Value of Large Datasets Is Mostly Overplayed & The Societal Effects of 4m Truck Drivers Being Unemployed with Aaron Vandevender · Oct 16, 2017 · at 23:56
Aaron VanDevender is the Chief Scientist at Founders Fund. He analyzes why digital internet technologies amplify urban density rather than promoting remote dispersion.
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“The lesson has been that actually those digital technologies have actually made proximity more valuable. If you think about like where, where a lot of that value to people has come from, it's from companies like Lyft, like Postmates, a Craigslist, Amazon Prime, you know, Tinder, you Pokemon Go. These are all things that were born on the internet, came out of that digital age, were supposed to fulfill that, you know, the promise of telecommuting and virtual reality, but actually make proximity more valuable.”
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