Judgment Is Not a Stock
Garry Tan, president of Y Combinator, forecasts a wave of founders in their forties and fifties: once AI makes ready answers and execution cheap, decades of accumulated judgment and taste are revalued. The forecast treats judgment as a stable stock, built through slow contact with constraints and amplified rather than depreciated once the execution bottleneck goes. It holds only while those constraints stay roughly the same.
The turns: much of the accumulation was contact with the very bottlenecks AI now compresses, and that contact was valuable as a road to the frontier of its day and a…
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