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

Building a company requires an "unreasonable" mindset, as founders must act as exothermic heat sources to drive innovation and organizational growth. Shopify CEO Tobi Lütke argues that effective leaders prioritize long-term value creation over short-term metrics, viewing the public market as a mechanism for building trust rather than a constraint. AI is fundamentally transforming the nature of work, shifting the focus from manual task execution to high-level context engineering and strategic steering. While societal skepticism toward wealth often misattributes blame, true value arises from actualizing potential through market-validated products. Merit-based systems and the freedom to build remain the foundations of prosperity, necessitating a return to classical economic principles that define clear games for societal thriving while minimizing government interference.