"Why would these purportedly serious people buy in on a 24-year-old’s very first hedge fund? My best guess is that Aschenbrenner’s investors were relying on the social bona fides he had cultivated. Social proof is the laziest and most disastrous way to vet people — ask any Theranos investor."
Maybe we shouldn’t give 24-year-olds billions of dollars to bet on AI
We deserve a better class of AI booster.
theverge.com