"‘What is a good job?’ is an interesting question. When we talk about what makes life satisfying, there are three key elements: autonomy, mastery, and purpose. Parents often think of a ‘good job’ in terms of how it helps us make money, but that's not the whole picture. If costs go down significantly in various areas, it opens up new opportunities for creating good jobs for ourselves. As Girdley highlights, entrepreneurship has become a viable option. Lower costs enable people to build businesses with fewer resources. Entrepreneurship inherently offers autonomy—you run your own business; mastery—you can continuously improve and avoid stagnation; and purpose—you design a business and a life that work for you." - Shiyan Koh
"The thing we've discussed before is that we lack a lot of companies in the middle. We have tons of early-stage startups and a few big behemoths, but the heart of the innovation ecosystem is in the midsize companies. These midsize companies and outcomes might not make it to NASDAQ, but they are important because they often get acquired, help recycle talent and experience through the ecosystem, and provide essential liquidity options. There’s a question of whether there are efforts to build a regional exchange, given everyone's focus on dominating their local exchanges?" - Shiyan Koh
"My belief is that there's still a lot to be built in the Southeast Asia ecosystem. I'm excited about the advent of all the LLMs and AI tools given Southeast Asia's role in call centers, BPOs, and other service industries. There's an opportunity to build really interesting companies leveraging these tools. A fun stat I heard, and I wonder which analyst had to dig this up, is that, if you sum the revenue of all publicly-traded SaaS companies last year, it's less than the revenue of the big four accounting firms. This is interesting because services have been pretty hard to penetrate with software. There's a whole class of work that's historically too nuanced to automate." - Shiyan Koh
In this episode, Jeremy Au speaks on Post-AI 'Good Jobs', SGX and IDX capital market challenges, and USA VC versus Southeast Asia fund performance with Shiyan Koh.
Keywords: Post-AI Good Jobs, SGX and IDX Capital Market Challenges, USA VC vs Southeast Asia Fund Performance, Shiyan Koh, Southeast Asia, USA, VC, Thought Leadership
