Venture Capitalists being automated out


Drat! Random guesswork with other people's money is no longer a career! Appears the first fully automated board member of a venture fund now exists.

Via BeatBeat:

A press release from Aging Analytics UK, a company that conducts research on biotechnology and regenerative medicine, made two announcements this morning: first, that they’ve launched an new A.I. tool called VITAL (Validating Investment Tool for Advancing Life Sciences); and second, that they’ve licensed VITAL to Hong Kong V.C. firm Deep Knowledge Ventures, where the tool will become an "equal member of its Board of Directors."

Notable Replies

  1. If it can't do cocaine can it really be called a Venture Capitalist?

  2. But there is a new career opportunity for "Investment Tool Optimization" Specialists to advise on what buzzwords you should hide in 0.1 font in your pitch.

  3. "Random guesswork with other people's money is no longer a career!"

    Not true: the government is still hiring!

  4. Yo dawg, we heard you like 'disruptive' so we disrupted you.

  5. Or this...

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