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labor

3 statements across 3 episodes · 1 bullish · 1 bearish · 3 people on the record · first statement Jan 4, 2021 by Howard Marks · across every show →

Everything said about labor, oldest first

Jan 4, 2021 bearish
Opinion
Howard Marks: Tech automation threatens long-term employment for manual laborers
“Longer term, I worry about employment, mainly because of the stuff Bill does. You know, his companies are replacing labor with computing power, to over-exaggerate. I worry about where people whose main asset is a strong back are going to get jobs in the longer…”
Howard Marks Jan 4, 2021 ▶ 13:55 20VC: Bill Gurley and Howard Marks: What Happened In 2020? What Can We Expect Looking Forward to 2021?
Aug 5, 2024
Assertion Contradicted
Cahn: Labor is the Single Largest Cost in Data Centers
“I mean, labor is the single biggest cost in data centers.”
David Cahn Aug 5, 2024 ▶ 17:13 David Cahn: Why Servers, Steel and Power Are the Pillars Powering the Future of AI | E1186 · 20VC with Harry Stebbings
Sep 29, 2025 bullish
Insight
Ross: AI compute expands labor supply, an unprecedented economic shift
“The most valuable thing in the economy is labor. And now we're going to be able to add more labor to the economy by producing more compute and better AI. That has never happened in the history of the economy before.”
Jonathan Ross Sep 29, 2025 ▶ 1:00:37 Groq Founder, Jonathan Ross: OpenAI & Anthropic Will Build Their Own Chips & Will NVIDIA Hit $10TRN · 20VC with Harry Stebbings
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