AI is great at analyzing the past. Venture capital is betting on the future

AI is great at analyzing the past. Venture capital is betting on the future

By Anna Demeo, Contributor
Publication Date: 2026-05-31 11:05:00

VCs are betting on the next big change

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The venture capital world thrives on the idea that a handful of companies will transform entire economies. Now the tools investors are increasingly relying on to spot these companies could be working against them.

Around three quarters of venture capital firms Now use AI to help evaluate offers. Faster and more thorough than anything before, it processes pitch decks, assesses competitors and flags risks. But there is a fundamental problem with this approach: AI is trained on the past, but startups that reshape industries rarely resemble the past.

AI analyst bias

VC investments have followed a familiar ritual for decades. A founder presents a pitch deck. Investors meet the team and conduct an audit. They invite consultants and industry experts to weigh in. Together they think about whether this startup is the next Google, Uber or NVIDIA. You ask: Is this the next unlikely company that could change…