20VC: Shopify's Tobi Lütke on How AI is a Scapegoat for Mass Layoffs & What Will Labour Markets Be in the Future | Why We Need More Scrutiny on Charitable Giving, Governments are Bad at What They Do and Trump Derangement Syndrome in Canada

Tobi Lütke is the co-founder and CEO of Shopify, the global e-commerce titan with a $160 billion market cap. Under his leadership, the company generates over $7 billion in annual revenue and has seen its valuation grow nearly 100x since its 2015 IPO. Today, Shopify has over 8,000 employees and AI now generates over 50% of the Shopify's code.
AGENDA:
00:10:36 - The $160 billion CEO who did not want to be CEO.
00:11:51 - Why don't companies become public? Because it is much worse to be an untrusted public company.
00:16:53 - Why we are about to enter a golden age of entrepreneurship.
00:17:54 - Why AI is being used as a scapegoat for mass layoffs.
00:17:41 - How will labor markets change in a world of AI?
00:24:43 - Why we should praise Elon Musk so much more than we do.
00:27:59 - Why we need to place more, not less, scrutiny on charitable giving.
00:31:56 - Why we have too many charity dollars and why they are inefficient.
00:34:57 - Why governments are so bad at what they do.
00:37:27 - The Trump derangement syndrome in Canada.
00:39:51 - Why will governments regulating technology push us into the hands of the Chinese?
00:41:59 - Europe has to get rid of the bullshit green parties and go back to Prussian economics.
00:48:29 - Why is looking at the ticker such bullshit?
00:50:48 - Why young coders are not as advantaged in AI as I thought they would be.
00:53:56 - The best engineers in Shopify are not writing code anymore and the AI does it for them.
00:56:40 - The cheat code for any career from the billionaire founder of Shopify.