Macro Duration Risk And Financing-Continuity As An Existential Variable
A counter-argument presented is that OpenAI is not a credible goes-to-zero case because it has a massive user base (claimed ~800M), subscriptions, and a real business.
Andreessen Horowitz raised $15B, representing over 20% of total venture funds raised in 2025.
Substitution and cost-rotation pressures in AI software are expected as buyers start actively reducing stacked AI vendor fees.
Venture Firm As Reputation Transfer And Operator Platform
a16z aims to move founders from a vicious to a virtuous confidence cycle by providing hard-to-access operational help (e.g., executives, recruiting, marketing, government access) that enables faster decisions and stronger execution.
Ben Horowitz claims a key risk of an AI-enabled world is loss of grounded purpose/spirituality, increasing susceptibility to harmful ideologies.
Ben Horowitz claims Zoomer founders reject performative moral framing such as 'do well by doing good' and are more unapologetic about building successful companies.
Dispatchable Capacity Bottlenecks: Gas Turbine Undersupply And Thermal Capex Inflation
Global gas turbine production capacity is about ~60 GW per year, while near-term orders imply demand exceeding capacity by roughly ~20–40 GW annually.
ERCOT and Texas transmission service providers have sharply divergent 2030 electricity-demand forecasts: ERCOT at about 1,000 TWh and TSPs at about 1,600 TWh.
Globally, electricity spending has been stable at roughly 3–4% of GDP for decades.