Investor Says AI Is Already "Fully Replacing People"

The hype over artificial intelligence might be quieting as the US tech sector stresses over tariffs, but some investors are still knee-deep in the mud, panning for gold. One of them, prominent venture capitalist and former gaming CEO Victor Lazarte, is so confident that he claims AI is already "fully replacing people." While some companies have pumped the breaks on hyped-up promises of a fully-automated future, Lazarte is charging full steam ahead. "Big companies talk about, like, 'AI isn't replacing people, it's augmenting them,'" the tycoon said on the Twenty Minute VC podcast. "This is bullshit. It's fully replacing people." As per Business Insider, Lazarte highlighted that lawyers and HR workers should be particularly nervous that AI is coming for their jobs, noting that law school students "should think about what they could do three years from now that AI could not." It's a curious claim coming from a guy like Lazarte, whose firm, Benchmark, is heavily invested in startups li ... Read full article.