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

People with fear of losing and people with fear of winning are clearly going to look at things a little much more short term. The world really needs to understand that the people who build companies are fundamentally crazy people, right? Look, I'm I'm like I'm a I'm a glorious mess. All the the aesthetics around what people believe to be good leadership comes from movies. I have this job, so other people can have a job I wish I could have.

There's nothing better in the world than being a trusted public company. None of the people who are doing jobs that are just tasks for other people have good jobs. The more wealth and resources an entity or even an individual has, the more deserving of scrutiny they are. What really sucks in the world is that we are prioritizing things that sound good over things that work.

Like giving money is not virtuous unless it causes the right things. We have too much charity dollars. The problem with charity dollars is they can't be given to anything that has a self-healing fitness function. I think great leaders must be exothermic and must be a heat source for the company. Have not looked at the ticker in April.

We already have this episode, so unlocking it is cheap and permanent: the full transcript (74 minutes, 15,720 words), segment and word-level timestamps, and .txt, .srt, .vtt and word-level JSON downloads, as many times as you like, forever.

No account needed, we create one from your checkout email. With credits it is 1 credit; packs start at 10 episodes for $5, and monthly plans are cheaper still.