construction

8 statements across 2 episodes · 2 bullish · 1 bearish · 4 people on the record · first statement Jan 2, 2019 by Tracy Young · across every show →

Everything said about construction, oldest first

Jan 2, 2019 bearish
Prediction Not checkable as stated
Young: Global infrastructure will fail within a decade without productivity gains
“Construction is the infrastructure of this world, and if we're unable to figure out how to solve this productivity problem, we'll be unable to deliver the infrastructure that this world needs, not in the next 15 years, in the next decade.”
Tracy Young Jan 2, 2019 ▶ 31:22 a16z Podcast | Construction Under Tech -- Info Flows
Jan 2, 2019
Assertion Supported
Young: Construction represents 13% of global economic output
“Construction accounts for 13% of global output.”
Tracy Young Jan 2, 2019 ▶ 18:24 a16z Podcast | Construction Under Tech -- Info Flows
Jan 2, 2019
Assertion Partly supported
Young: One in 10 people globally works in construction
“Literally one out of every 10 people in the world eat, sleep, and breathe construction every single day.”
Tracy Young Jan 2, 2019 ▶ 18:28 a16z Podcast | Construction Under Tech -- Info Flows
Jan 2, 2019
Assertion Contradicted
Ladha: 80% of All Construction Spending Goes Toward Indoor Work
“It's a very little known fact, but 80% of construction money is spent indoors anyway.”
Saurabh Ladha Jan 2, 2019 ▶ 30:44 a16z Podcast | Construction Under Tech -- The Build
Jan 2, 2019
Insight
Fischer: Construction Uniquely Requires Managing Continuously Changing Physical Workspaces
“But in manufacturing, you don't have to deal with the workspace. In construction, you have to allow for the workspace that a work crew needs, and the space is changing over time.”
Martin Fischer Jan 2, 2019 ▶ 16:07 a16z Podcast | Construction Under Tech -- The Build
Jan 2, 2019 positive
Insight
Fischer: Objective Site Data Builds Trust Between Construction Partners
“In my experience, the technology actually builds trust. Everybody functions on the beliefs and the things they remember. If we have the data, we can start to gain trust in each other.”
Martin Fischer Jan 2, 2019 ▶ 12:13 a16z Podcast | Construction Under Tech -- The Build
Jan 2, 2019 bullish
Prediction Not checkable as stated
Rippingham: Daily Error Detection Can Halve Construction Rework Costs
“And so maybe if we're able to cut that 20 down into 10% because we've caught errors, you know, in a day instead of waiting two weeks to find out when the next trade is trying to install, and that can save us a lot of time, you know, cut down that rework.”
Christopher Rippingham Jan 2, 2019 ▶ 16:57 a16z Podcast | Construction Under Tech -- The Build
Jan 2, 2019
Assertion Not checkable as stated
Ladha: Most Construction Challenges Occur at the MEPF Stage
“Most of the issues, as well as the progress challenges, the progress management challenges in construction take place at the MEPF stage, the mechanical, electrical, plumbing, and fire stage.”
Saurabh Ladha Jan 2, 2019 ▶ 14:00 a16z Podcast | Construction Under Tech -- The Build
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