this post was submitted on 13 Nov 2024
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Some are just opportunists, but there are certainly true believers — either in specific technologies, or pedal-to-the-metal growth as the only rational solution to the world’s problems.
Andreessen is pretty open about it: https://a16z.com/the-techno-optimist-manifesto/
I think Andreessen is lying and the "techno optimist manifesto" is a ruse for PR.
a16z has been involved in various crypto pump and dumps. They are smart enough to know that something like "play to earn" is not sustainable and always devolves into a pyramid scheme. Doesn't stop them from getting in early and dumping worthless tokens on the marks.
The manifesto honestly reads like it was written by a teenager. The style, the tone, the excessive quotes from economists. This is pretty typical stuff for American oligarch polemics, no?