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AI to now manage Rs 6,000 crore fund, all analysts fired. Is the future of high-skilled human jobs at risk?

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Artificial Intelligence is no longer just assisting human workers—it is now replacing them. What was once a theoretical discussion about automation’s future impact has rapidly become a real-world shift. From content creation to customer service, AI is taking over tasks traditionally reserved for people. But the latest development from a Silicon Valley venture capital firm goes a step further, raising profound questions about the role of humans in high-skill, knowledge-based industries. A San Francisco-based VC firm has now eliminated all its analysts, handing full operational control of a multi-crore investment fund to artificial intelligence.

A Radical Shift in Venture Capital
According to Business Insider, four-year-old Davidovs Venture Collective (DVC) has completely replaced its team of human analysts with AI systems to manage its newly launched $75 million (approximately Rs 6,000 crore) fund. Founded by husband-and-wife duo Marina Davidova and Nick Davidov, the firm is now operating an entirely AI-powered fund focused on Series A and B startups, particularly in the artificial intelligence sector itself.

Previously employing five human analysts, DVC decided more than a year ago to dissolve those positions and instead use AI tools for deal sourcing, evaluation, due diligence, portfolio monitoring, and memo preparation. This marks one of the first instances of a venture capital fund running its operations without any human analysts on staff.

Human Intuition Meets Machine Precision
Despite automation, Davidova maintains that human judgment still plays a vital role. Emotional intelligence and founder evaluation, she noted, cannot yet be replicated by algorithms. DVC now relies on 170 limited partners (LPs) — including professionals and founders from OpenAI, Google, Meta, Microsoft, Tesla, SpaceX, and Perplexity — who work part-time and use AI-driven tools to help manage investments.

These LPs, often highly experienced in technology, receive a share of profits instead of traditional salaries. According to Davidov, 30–40% of the carried interest from each deal goes to these contributors, making DVC’s structure both community-driven and performance-based. The firm has already invested $21 million in 120 startups, including Perplexity and Thinking Machines Lab, positioning itself as a new model for AI-era venture investing.

The Bigger Picture: AI’s Encroachment on Human Roles
DVC’s move is not an isolated event. A report cited by The Mirror found that AI systems now perform as well or better than humans in nearly 48% of professional tasks, including roles such as clerks, sales managers, and editors. Even creative and analytical professions are beginning to feel the pressure, with tools like Anthropic’s Claude Opus 4.1 and OpenAI’s GPT-5 rivaling human workers in complex assignments.

OpenAI CEO Sam Altman has voiced both concern and optimism about this shift. Speaking to Rowan Cheung after OpenAI’s DevDay, Altman reflected that up to 40% of existing jobs could eventually be automated. He likened this transformation to past industrial revolutions, arguing that every era has redefined what “real work” means — from farming to desk jobs, and now to digital automation.

Altman’s perspective highlights how technological progress continually reshapes human purpose. He pointed out that a farmer from decades ago might have viewed today’s office jobs as frivolous — just as future generations may view current work in an AI-driven economy. Yet, he remains confident that humans will continue to find meaning and creativity beyond routine employment, whether through innovation, exploration, or problem-solving.

India’s Path: Risk or Opportunity?
In India, the NITI Aayog report titled Roadmap for Job Creation in the AI Economy takes a more balanced stance. It estimates that AI could create 4 million new jobs by 2030, particularly in technology and customer experience sectors, even as some traditional roles face redundancy. The report emphasizes urgent upskilling and education reforms to make India a global AI talent hub by 2035.

As Debjani Ghosh, Distinguished Fellow at NITI Aayog, noted, the line between job loss and job creation depends on the decisions made today. The roadmap calls for a National AI Talent Mission to ensure India adapts rather than lags in this transformation.


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