Pitchbook conducted a survey of 58 VC investors to understand their attitudes toward  technology and the VC ecosystem.
• The VC community is bullish on the impacts of AI, especially generative AI, and  expects it to drive innovation and growth opportunities over the next 12 months.
• 2022’s “tech wreck” had a mixed impact on the industry and is viewed as having  both stifled and promoted innovation in various ways.
• VC funding levels are expected to decrease moderately or strongly over the
next 12 months, partly due to the collapse of SVB, but fundraising plans have not  changed significantly, and 2023 is expected to be a strong vintage year for fund performance.

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