Marc Andreessen

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25,592 appearances 50 recordings 3 series first heard Oct 2024 last heard 1 Aug

Marc Andreessen’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 26 in all, peaking in Jan 2026 with 6.

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The a16z Show · Marc Andreessen on Evaluating Founders and AI's Consumer Surplus · 30 Mar 2026 podcast

And so we're not that many years away from five billion people in the world having AI running on five billion people who have smartphones and internet access.

And so I think that's such a hyper democratization of the technology.

And so I think the use of AI.

The consumer benefit, the business benefit, the economic benefit, I think that has the potential to be decentralized to a radical degree.

Yeah, so a couple things.

So one is there's a bigger phenomenon, which is what I was heading towards in my earlier answer.

So there's a bigger, there's actually an even bigger phenomenon than that.

And there's actually a paper on this.

Maybe we can link to it and and it uses the uh the term uh schumpeterian economics after Jo Joseph Schumpeter is the kind of, you know, the economist who kind of developed the theory of creative destruction.

And and this this economist basically goes through and says there's a concept of Schumpetarian economics, schumpeterian gains.

And the idea of it basically is, and he does this whole analysis.

For a whole bunch of different technologies.

And basically, when there's a new fundamental technology, whether it's electricity or steam power or computers or the internet or smartphones or AI, what actually ends up happening is like something close to 99% of the economic value arrives in the market, not in the form of economic benefit to the companies that make the thing, but rather to the customers.

And the economists call this consumer surplus.

Consumer surplus is all of the benefit that the consumers are getting that they're not.

action that they're not fully paying for.

The way this analysis basically works is if you look at the total amount of economic value creation, for example, downstream of the internet, something like 99% of that accrued to the users of the internet, not the companies that built the internet.

Same thing with the smartphone, right?

Who gets the economic value of the smartphone?

Everybody in the world who uses a smartphone to become more productive in their life or in their business gets 99% of the value from the smartphone.

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