Labor Costs
topic on 3 shows · 4 statements across 4 episodes
American Optimist 
BigDeal 
How I Built This
4 statements about Labor Costs, every show
Abbott: US Cannot Compete on Labor Costs, Must Compete on Data Efficiency
“We don't, we'll never have the lowest labor cost, right? Like we can't compete on that, but what we can compete on is efficiency through data.”
Sanchez: Consulting Firms Are Collections of Jobs, Not Scalable Businesses
“Even at a smaller size, consulting firms, they require too much capital in the business attached to your consultants, aka labor costs. People are expensive. It's kind of also not a business, but a collection of individual jobs. So don't buy jobs.”
Why on-demand valet parking startups fail on basic unit economics
“There was a thesis that, well, if you park the car farther away, you can get an arbitrage, and especially in New York City, it's, could be a hundred dollars to park in a specific area, but it's only, you know, 15 dollars, you know. A couple of streets over. Bu…”
Ballard: Municipal curfews halt automated 3D printers, doubling ICON's labor costs
“There's no hammering, but the building code says you have to stop at seven PM, but these machines are designed to just turn them on and print. And so right now, like I could print homes in one week for sure, but it's taking us two weeks, which means even with …”