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Apple is an interesting example of large company that is extremely labor efficient. I imagine Exxon would be another one. With productivity falling in the last
by kristianp 10y ago
Apple is an interesting example of large company that is extremely labor efficient. I imagine Exxon would be another one.
With productivity falling in the last 10 years [1], companies that are labor intensive can't grow as quickly those that can grow faster by automating their production.
https://www.bls.gov/lpc/prodybar.htm https://www.bls.gov/lpc/prodybar.htm