Chapter
The future of the job market
33:08 - 52:09 (19:00)
With consumer credit on the rise and capital availability predicted to decline by 75%, startups must adjust to a new reality where three to four years is the new runway. As people face rising costs in daily living, ancillary markets that provide side hustles may not be as robust, leading to a need for more secure, stable income and possibly a return to traditional jobs.
Clips
The speaker predicts that despite an increase in consumer credit, if prices of daily living including transportation, housing, and healthcare continue to rise, people may need to go back to work for secure, stable income in industries that will generate long-term jobs, ultimately leading to a rebalancing of the economy.
33:08 - 50:03 (16:55)
Summary
The speaker predicts that despite an increase in consumer credit, if prices of daily living including transportation, housing, and healthcare continue to rise, people may need to go back to work for secure, stable income in industries that will generate long-term jobs, ultimately leading to a rebalancing of the economy.
ChapterThe future of the job market
EpisodeE84: Markets update, crypto collapse, Russia/Ukraine endgame, state of the podcast
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
As the recession continues, funds are harder to come by for startups.
50:03 - 52:09 (02:05)
Summary
As the recession continues, funds are harder to come by for startups. Investors are now more cautious when investing, resulting in lower valuations and smaller funding rounds.