As AI continues to commoditize software, venture returns will go from bits to atoms - and vc as an asset class will experience an inverse, going back to what it was invented for post World War ll: technically hard, capital intensive, and important ideas solving humanity’s fundamental problems. That decade gave us Intel which designed silicon chips, Genentech which pioneered gene editing, and Sun Microsystems which laid the ground work for the modern internet. I believe we are marching towards what will become the most critical time of technology inflection, where the future will look at today with awe, just like how we admired the heydays of the Roman Empire.