Nikunj Kothari (Partner, FPV Ventures) and Nikhil Kamath debate whether urbanization and physical real estate demand will persist alongside digital ubiquity.
Opinion
Kothari: High capex is no longer a barrier for venture investing
“High capex is actually okay, because there's ways to finance it. And we're finally finding a way that everything's getting cheaper. Robotics is a good prime example of that. But I don't think capex is the big problem anymore. It's just like, can you find a tai…”
Opinion
Kothari: From a practical capabilities perspective, AGI is already here
“I think my hot take would be, like, AGI is kind of already here, but, like, humans, like, when we take a Waymo ride, the first time it's mind-blowing to us, and then the next time you're just kind of, like, on your phone checking Twitter. I think we're already…”
Prediction Not checkable as stated
Kothari: AI will accelerate declining birth rates by displacing human intimacy
“And I think AI will accelerate this problem, for sure. Like, again, I do think we are We're confiding more in ChatGPT than we talk to, like, our closest humans, including, like, our own partners, and I do think that that has happened, and there's no, there's n…”
Insight
Kothari: AI makes previously uninvestable legacy industries viable venture bets
“AI has actually made most industries that were uninvestable, suddenly investable. For example, like any industry that's collecting large amounts of data was like, you know, priorly prior, like you wouldn't invest in them because you were like, oh, there's no c…”
Prediction Not checkable as stated
Kothari: Biotech will be the top sector for AI-driven discoveries
“Literally one sector will discover the most things where AI will be useful, it's biotech.”
Prediction Not checkable as stated
Kothari: AI energy demand will force increased fossil fuel extraction this decade
“I actually think the world gets worse in the near term because energy will become the fundamental limiter, which means we will frack more. We'll pull more from the ocean because nuclear fission and fusion will still take time to build. You can't build solar pa…”