What Will Happen In 2024

Venture investor Fred Wilson (note: the article is not explicitly attributed by name in the text, so no name is given) predicts that 2024 will be a strong year for tech, with healthier capital markets, rapid AI application development, a coming out party for web3 and the new energy stack, and a slower-changing venture capital sector. The author writes that a soft landing appears likely, that inflation has come down, and that the Fed has finished raising rates. The author also says AI and web3 will together produce a more resilient, trusted and equitable Internet, while the energy transition is accelerating in response to warming. The author expects venture capital fundraising and investing to grow in 2024, but much more slowly than surrounding sectors, because limited partners are cautious and the sector needs years to rationalize.