Odaily Planet Daily News USV Partner Fred Wilson posted an article looking forward to 2024:
Capital markets are steadily rising, the Fed has adjusted Intrerest Rates to the levels it currently wants, Inflation has come down, and there is a good chance of a "soft landing", which is good for the innovation economy.
There is great potential for innovation in the AI field, the era of AI applications is coming, and open source AI models are emerging. 2024 will see the emergence of new AI-first applications that will begin to shift focus and discussion to the stack, as well as traditional applications adopting AI to improve product quality and remain competitive with AI-first disruptors.
New technologies bring legal action and regulatory scrutiny. 2023 is the year Web3 holds its ground, and 2024 will be the year when regulators and legislators reach consensus with Web3, and U.S. regulation will finally become clearer.
AI and Web3 are two sides of the same coin. AI will help make Web3 work for mainstream applications, while Web3 will help people trust AI. Together, AI and Web3 will drive a stronger, more resilient, more trustworthy, and fairer internet.
Fred Wilson also said that he will focus on global warming, promote the energy transition, and build a Decentralization, Modular and Programmability New Energy System. Despite the health of the Capital Market, the venture capital ecosystem is challenging, investors are cautious, many large companies are downsizing, and new companies are struggling to raise funds.