Victor Lazarte is a General Partner at Benchmark. He explains why small minority checks in party rounds fail to create meaningful impact for founders or investors.
Prediction Open · timeframe Apr 2035
Lazarte: Only 1% of computer knowledge work will exist in 10 years
“What percentage of knowledge work as we know today will exist in 10 years? Like if you define work, knowledge work as work you do behind a computer, I think it's probably like one percent.”
Opinion
Lazarte: AI replacing human workers is venture capital's top opportunity
“One thing that I think is super exciting right now is, like, just replacing people. It sounds really bad when you say it this way, but I actually think it's the most exciting opportunity and venture right now, and it's actually gonna be fantastic for humanity.”
Opinion
Lazarte: Claims that AI only augments workers are "bullshit"
“Big companies still talking about like, oh no, AI, AI is not replacing people. AI is actually augmenting people's abilities. Like this is bullshit. You know, like it's fully replacing people.”
Prediction Open · timeframe Apr 2035
Lazarte: A Trillion-Dollar Company Will Be Founded Within Three Years
“What I'm telling you is in the next three years, I'm sure someone will start a company that's going to be worth a trillion dollars.”
Prediction Not checkable as stated
Lazarte: AI will understand most people better than anyone within 5 years
“I have this very strong belief that five years from now, for the majority of people, the person that will understand you the most is going to be an AI.”
Prediction Not checkable as stated
Lazarte: Consumers will soon blindly follow instructions given by AI apps
“I think this thing that will happen quite soon is, like, we're gonna have an app, and like, you're gonna wake up, and you're gonna look at your app, and you're gonna read what it says, and you're just gonna do it. Like, the app will tell us, like, go do this. …”