Odd Lots

Jerry Neumann on the Problem With Investing in AI Right Now

November 12, 2025·48 min·6-min readconversationalbusiness
Podzilla Summary (6 min)
TLDR
Venture capitalist Jerry Neumann argues that while AI is a revolutionary technology, it is unlikely to make most investors rich due to the difficulty of value capture, drawing parallels to past technological shifts like containerization, where incumbents—not startups—reaped the rewards. H

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Guest

J

Jerry Neumann

conversational on Odd Lots

Mentions

Books, people, and resources mentioned in this episode.

People

Jerry NeumannJoe WeisenthalTracy Alloway

Books

The Boxby Marc LevinsonTechnological Revolutions and Financial Capitalby Carlota Perez

Companies

OpenAIMicrosoftWalmartIKEA

Topics

Artificial IntelligenceBusiness ModelsBusiness NewsEconomicsFintechStartupsVenture Capital

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