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Fortune

Steve Mollman

Chamath Palihapitiya says venture capitalists also face disruption from AI—and startup founders stand to benefit

Chamath Palihapitiya

(Credit: David Paul Morris/Bloomberg via Getty Images)

Artificial intelligence has been inescapable this year. After OpenAI released ChatGPT some 13 months ago, attention turned to how such tools will disrupt careers and industries—and eager venture capitalists poured billions into AI startups that might do the disrupting.

But VCs themselves could get disrupted, according to billionaire investor Chamath Palihapitiya, a former Facebook executive and the CEO of VC firm Social Capital.

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