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

This Week in Startups

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Adapting to Changing Labor Markets and Opportunities

Labor markets evolve with the emergence of new technologies and roles. Jobs like bookkeepers decreased with Excel's rise, while roles such as auditors and financial managers flourished. Similarly, the prompt engineer role is becoming normalized despite being unfamiliar in the past. The speaker predicts the continual growth of new job opportunities and the creation of smaller funds due to tighter opportunity sets. They anticipate a future where the scope of opportunities expands, likening it to the crypto world where protocols don't always require massive investments like in traditional VC.

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