Victor Lazarte, a general partner at venture capital firm Benchmark, openly states that AI is “fully replacing people,” contrary to the common narrative that AI only augments jobs. Speaking on “The Twenty Minute VC” podcast, Lazarte pinpoints lawyers and recruiters as the two most vulnerable professions, predicting that within three years, AI will automate much of legal busywork and interview processes. The article details how law firms and recruitment companies are racing to adopt AI solutions, highlighting several startups and investment trends. While job displacement is a looming concern, Lazarte also notes that AI advancements might enable small teams to build trillion-dollar businesses. The article provides data, examples, and expert opinions, underscoring both the risks and opportunities AI brings to the workforce.
