The future of work may increasingly rely on entrepreneurship, as young people in India are being upskilled to create their own job opportunities in response to the broken job market.

In the current economic climate, startups need to hire even more slowly and be cautious about their growth strategies to ensure sustainability.

Cheap labor is a crutch that inhibits innovation, as companies may opt for lower costs instead of investing in new technologies and processes, while outsourcing factories led to cheaper goods but devalued American workers and increased dependence on adversarial trade partners like China.

The current environment presents numerous opportunities for startups, especially those considering a pivot to AI.

The rise of information technology is enabling the gig economy, where transactions can be easily conducted externally, leading to a shrinking optimal size of firms and the emergence of startups that carve out niches from larger companies.

Historically, major technological changes have created opportunities for startups, as seen with innovations in farming, electricity, and the internet.

Startups are now more about leveraging technology to do more with less, rather than just scaling up operations with more hires.

Founders can discover startup ideas by searching for remote jobs that involve repetitive tasks, as these roles often highlight inefficiencies that can be addressed with AI solutions.

Innovation in the absence of cheap labor is beneficial; companies should focus on building new things rather than just seeking cheaper labor.