The promise of AI-driven productivity has many employees fearing for their heads. But to Marc Andreessen, cofounder and general partner at Andreessen Horowitz, the technology is more of a bogeyman, masking a long-standing business fluke that has quietly lingered in boardrooms for years.
In an interview on the 20VC podcast with venture capitalist and host Harry Stebbings, the billionaire said AI was the scapegoat for layoffs that are actually the result of overhiring in the wake of the COVID pandemic.
