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E94: NFT volume plummets, California's overreach, FBI meddling, climate change & national security
All-In with Chamath, Jason, Sacks & Friedberg
Is McDonald's a Good Business Model?
In the early 20th century, in the late 19th century and beyond, there was such an eager, hungry workforce. People would come and work for nickel an hour or whatever. But nowadays, those people are looking left,. they're looking right and they're like, wait a second, we are the business. Or we're 90% of the value of this business. And fast food businesses that rely on commodity service are not going to be as valuable.
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