What happens when venture capital fuels AI hype?

Liberation capital, the power law and blitzscaling

Image from ArtTower

On its face, venture capital seems simple. Investors raise money, put it into promising startups and take some equity in the hope that they realise their potential.

However, the way in which this is done highlights the important role VC plays in modern technological development. This role could be broken down into three key elements:

1. Li…