Comment by jack_pp

I think VCs end up in one of four categories

1. They're too stupid to understand what they're truly funding.

2. They understand but believe they can control it for their benefit, basically want to "rule the world" like any cartoon villain.

3. They understand but are optimists and believe AGI will be a benevolent construct that will bring us to post scarcity society. There are a lot of rich / entrepreneurs that still believe they are working to make the world a better place.. (one SaaS at a time but alas, they believe it)

4. They don't believe that AGI is close or even possible