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The Guardian - AU
The Guardian - AU
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Samantha Floreani

Hey tech billionaires, if you want to talk about radical change, let’s abolish venture capitalism

Robot and human hands reach out to touch one another
‘Any meaningful, progressive – and dare I say, hopeful – view of the future of technology must be willing to engage with its politics, history and consequences.’ Photograph: Lev Dolgachov/Alamy

Do you support sustainability, social responsibility, tech ethics, or trust and safety? Congratulations, you’re an enemy of progress. That’s according to the venture capitalist Marc Andreessen.

In his new self-published Techno-Optimist Manifesto, Andreessen presents his case for the advancement of technology under capitalism as “virtuous” and capable of creating “abundance that lifts all humans”. Along the way he champions trickle-down economics (famously effective at increasing inequality), claims technology can solve any problem and suggests that slowing AI development is akin to murder.

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