This Machine Kills cover image

231. Paris Syndrome

This Machine Kills

00:00

The Labor Costs Are Not an Inconsequential Part of the Operating Costs of the Companies

Investors only cared and actually rewarded the behavior where these firms came in, offered a lot of speculative technologies to try to rationalize new business models. And then when nothing panned out demanded a sacrifice. The labor costs are not an inconsequential part of these companies' budgets. But they've spent far more on research and development and on mergers and acquisitions.

Play episode from 01:00:29
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app