At Toronto Tech Week’s Homecoming panel, Shopify CEO Tobi Lütke and Social Capital’s Chamath Palihapitiya discussed artificial intelligence’s promise and pitfalls. Lütke warned companies against clinging to tools instead of focusing on core problems. “Fall in love with problems,” he said, urging flexible thinking in AI use.
Palihapitiya called AI “transformational,” capable of rebuilding society, but downplayed “vibe coding” as ineffective. Both stressed infrastructure challenges ahead, from energy to silicon. Lütke rejected claims that STEM degrees were devalued by AI, labeling it a “dangerous narrative.” The panel, hosted by Satish Kanwar, offered both optimism and caution for AI’s next frontier.
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