You might enjoy it - and to your last paragraph - maybe the ability for small businesses to proliferate without outside cash might help resolve some of the concerning relations that have developed between VC and small companies over the last couple of decades.
Really interesting post - never considered principal agent problems in the context of the AI dawn.
I did discuss agency problems in venture capital here: https://open.substack.com/pub/zantafakari/p/9-describing-agency-problems-in-serfdom?r=p7wqp&utm_campaign=post&utm_medium=web
You might enjoy it - and to your last paragraph - maybe the ability for small businesses to proliferate without outside cash might help resolve some of the concerning relations that have developed between VC and small companies over the last couple of decades.