For high margin tech businesses it almost is. Google does not need 150,000 people to operate search&ads. There is a lever it can pull, but doing so would turn i

For high margin tech businesses it almost is. Google does not need 150,000 people to operate search&ads. There is a lever it can pull, but doing so would turn it into a different kind of business. Thiel has a great line for this phenomena: https://www.youtube.com/watch?v=2Q26XIKtwXQ https://www.youtube.com/watch?v=2Q26XIKtwXQ