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 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.

The goal is to incentivize investment in American businesses and workers, rather than seeking cheap labor abroad.

American innovation is crucial for increasing labor value and reclaiming manufacturing dominance, as seen in historical innovations like the assembly line.

When hiring, prioritize finding the best talent and providing them with the necessary tools to succeed, rather than focusing solely on cost-cutting measures.

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

People often overlook the benefits of innovation by focusing solely on existing problems, which can hinder progress and optimism.

Economically, we don't need more jobs; we need more innovators like Steve Jobs, enabling outliers everywhere to unleash unprecedented creativity.

The future of manufacturing will shift back to various parts of the world as robotics and AI reduce reliance on cheap labor, making production more efficient and cost-effective.