USV Partner: Regulators and legislators will reach a settlement with the Web3 industry in 2024, AI and Web3 jointly promote a stronger Internet

Fred Wilson, a partner of the US venture capital firm USV, released the 2024 outlook:

The capital market is steadily rising, the Federal Reserve is holding interest rates, and inflation is falling, which is likely to achieve a "soft landing" and be beneficial to the innovation economy.

The AI field has great innovation potential, and the era of AI applications is coming. Open-source AI models are emerging. In 2024, we will see the emergence of new AI pioneering applications, and these applications will begin to shift the focus and discussion to the stack. We will also see traditional applications adopt AI to improve their product quality and remain competitive with AI pioneers.

New technologies bring legal litigation and regulatory scrutiny, and AI and Web3 jointly promote a more powerful, resilient, trustworthy, and fairer Internet.

2023 is a year for Web3 to hold its ground, and 2024 will be a year for regulatory agencies and legislators to reach a settlement with Web3, and blockchain technology will usher in an outbreak.

Focus on global warming issues, promote energy transition, and build decentralized, modular, and programmable new energy systems. Although the capital market is healthy, the venture capital ecosystem faces challenges, investors are cautious, large companies are shrinking, and new companies are having difficulty financing.