Reading the Comments with Chris Paik, Pace Capital

Some insights from this one:
- The cost of creating software is approaching zero, which will fundamentally change its nature. Software is shifting to a new phase where it will be created on-demand to serve a specific intent and then disappear. This is similar to how content creation and distribution costs went to zero with the internet, enabling ephemeral user-generated content.
- People are lazy and want software that routes them directly to what they want with minimal effort. Platform providers that can best deliver on user intent will monopolize the market, just as social media platforms monopolized attention.
- Solving the discovery and distribution challenges amidst this coming explosion of near-zero cost software will be the source of the biggest future opportunities and venture returns.
- While AI will make average software more accessible, it will also shift the curve to enable the creation of revolutionary new software that is better than what exists today.

[@johnexley.family]

"The biggest venture returns in this next phase are going to be coming from whomever solves distribution. Whoever solves the merchandising, routing, discovery, and sorting -- amidst this cambrian explosion of software that needs to be sorted through -- that's gonna be the trillion dollar thing." ~ captivating vision from a rare visionary in venture. What an interview.

[@sydneyshields111]

i kinda like this guy