Internet age just starting, says tech guru

Venture capitalist Marc Andreessen said a steep drop in start-up costs is encouraging innovation
Venture capitalist Marc Andreessen said a steep drop in start-up costs is encouraging innovation
STEVE JENNINGS/GETTY IMAGES

The internet is “very, very early on” in its evolution and is about to be unleashed on a swathe of industries so far untouched by its power for disruption, according to one of the most influential investors in Silicon Valley.

In an exclusive interview with The Sunday Times, Marc Andreessen, the billionaire venture capitalist and co-founder of revolutionary web browser Netscape, said the next wave of technological disruption will have an impact on sectors previously thought safe from its reach — including law, medicine and construction. A steep drop in start-up costs is encouraging innovation, he said.

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Andreessen also warned that anyone who is worried about the march of robot technology and its threat to jobs is