Neil Rimer thinks the AI money is coming back out

Neil Rimer, co-founder of venture firm Index Ventures, has expressed a "strong sense" that wealth will be redistributed in the AI sector, either voluntarily or involuntarily. This comes as the number of Americans giving to charity has fallen for five straight years, and the Giving Pledge, a promise to donate half of one's fortune, has seen a significant decline in sign-ups. The trend is also evident in Index's own portfolio, with employees of AI firm Anthropic not prioritizing philanthropy in their plans.