The failure of globalization should not be seen as a failure of innovation; rather, the pursuit of cheap labor has hindered innovation and hurt both workers and innovators.

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.

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

Countries that imported large amounts of cheap labor have seen productivity stagnate, indicating a direct connection between cheap labor and economic performance.

The economic systems we have today are designed for a world with scarce labor, but with AI, labor will not be a scarce input anymore.

Mispriced human capital is fundamental to understanding the labor market and how people are compensated.

There are no moral arguments against high-skilled immigration; opposing it often stems from racism or xenophobia.

Expecting a world without trade-offs is unrealistic; every technological advancement comes with its own set of challenges.

The concept of worker insecurity is used to explain the health of the economy, but it does not correlate with the well-being of the majority of people.