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Sequoia & Union Square Returns, the Post-AI Labor Market, and the Return of SF? | E1907

This Week in Startups

NOTE

The Market Creates Demand for Inexpensive Resources

When a resource, talent, or intelligence becomes widely available and inexpensive, the market tends to create new demand and uses for it, contrary to the initial logic of reduced need. This phenomenon was observed during the first industrial revolution with coal, where its efficiency led to increased demand. Similarly, the current trend towards highly efficient and inexpensive intelligence is expected to lead to the creation of new career paths and opportunities, despite potential initial labor shortages.

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