Continuations · 9 August 2026 · Investment Thesis

The Cost of Capital in the AGI Age

Albert Wenger, GP @ USV

As AI productivity accelerates, borrowing costs will become increasingly painful for wage-dependent consumers while capital becomes more valuable—requiring urgent competition policy and universal basic income to prevent a "vibepression" and ensure shared prosperity.

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Topics: AI (Horizontal) · Venture Capital & Startups

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