Capital Must Seek Delight - by Venkatesh Rao - Contraptions
contraptions.venkateshrao.com · 1,825 words · saved by 1 readers
Too few people are experiencing the delights and serendipity of AI, causing capital misallocation
The last fifteen years of technology investing can be understood as a transition from black swan farming to consensus black swan herding. But beneath the surface financial story lies a deeper cultural and civilizational shift: capital has lost touch with delight as a driver of historical change. This loss may explain why the investment system increasingly behaves defensively even while standing before the largest zone of technological possibility in generations. Sloptraptions is an AI-assisted opt-in sectionof the Contraptions Newsletter. If you only want my hand-crafted writing, you can…
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