Agentic obliteration is coming: law and medicine first to fall, argues VC
_AustinCalvert_ · x · 2026-10-18
VC mignano argues a third wave of market reorganization is underway: the internet toppled Tower Records and Blockbuster in the 2000s, cloud/mobile displaced BlackBerry and Kodak in the 2010s, and AI agents will do the same now. Key thesis: access to intelligence is democratized, but incumbents can't tear down their own UIs and business models—public shareholders won't allow it. Categories monetizing gatekept institutional knowledge are most exposed: law (Harvey and Legora exploding) and medicine (Doctronic already renews prescriptions in Utah).
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