labor automation
1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Aug 16, 2024 by David Friedberg · across every show →
Everything said about labor automation, oldest first
Aug 16, 2024 positive
Friedberg estimates automating labor could eliminate 20 percent of fast-casual costs
“So it was going to take out basically these businesses today are running a call at 30% EBITDA margins at peak performance. That's like Chipotle's best class. By taking out labor, you could probably take out another 20 points of cost, which could translate into…”