TechCrunch·3 min read·medium

Neil Rimer thinks the AI money is coming back out

C
Connie Loizos
Neil Rimer thinks the AI money is coming back out
AI Summary

Venture capitalist Neil Rimer suggests that the massive influx of capital into AI will likely face a redistribution, either voluntarily or involuntarily. Rimer, a co-founder of Index Ventures, emphasizes the need for tech leaders to take responsibility for the societal impacts of wealth concentration.

In late May, Neil Rimer said something during a sit-down I had with him in Athens that I haven’t been able to shake. At a vibrant new tech festival in the city, talking about the wealth piling up around AI, he said he has “a strong sense that there will be some sort of a redistribution.” He continued on. “It’ll either be voluntary or it’ll be involuntary, but it’ll happen, and I hope it’s voluntary,” he told me, adding that he thinks tech leaders “can play a leading role in seeing that through.”

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