A Quote by Barry Lam

The next revolution, the next trend is to be an intelligence-intensive company. That has more value to society than a labor-intensive company. — © Barry Lam
The next revolution, the next trend is to be an intelligence-intensive company. That has more value to society than a labor-intensive company.
The U.S. tends to export high-tech goods because we have strong comparative advantage there, and we tend to import labor-intensive and less skill-intensive goods that other countries can do more cheaply.
I think the next massive wave of value creation will be when you can get a manufacturing company or agriculture devices company or a health care company to develop dozens of AI solutions to help their businesses.
Traditional agriculture was labour intensive, industrial agriculture is energy intensive, and permaculture-designed systems are information and design intensive.
Deep learning is a very capital-intensive area, and it's rare to find a company with both the necessary resources and a company structure where things can get done without having to pass through too many channels and committee meetings.
Renewable energy is far more labor-intensive than fossil fuel production.
Paintings don't just happen. I am not a proponent of the idea of an artist as someone who kind of magically makes things and has no real control or isn't willfully producing a certain kind of thing. It is labor-intensive, and it is research-intensive. You are making one decision after another, trying to get at something you think is important.
Innovation is not a big breakthrough invention every time. Innovation is a constant thing. But if you don't have an innovative company [team], coming to work everyday to find a better way, you don't have a company[team]. You're getting ready to die on the vine. You're always looking for the next innovation, the next niche, the next product improvement, the next service improvement. But always trying to get better.
There is the potential for much more spontaneity with prints than there is with the sculpture, which tends to be very slow, accretive kind of process-labor intensive.
At the end of the day, the Irvine Co. is slowly being transformed. Our long-term goal is to transform what was once an agricultural company to a development company, and to that, the next, final step is to create a large real estate investment company.
Making anything more labor-intensive makes it more expensive.
Whatever the trend in exchange rates or whatever the external factors, a manufacturing company is always faced with the mission of transforming itself into a company that can produce higher value-added to absorb the increase in the cost of living in the country it's operating in.
If you're a UFC guy, if you're a company guy, if the company likes you, they're gonna do the right thing, in terms of promoting you. They're gonna promote who they want, they're not going to promote the people they think can't get to that next level and can't help bring the company a lot more money and bring them into other avenues.
But to value every company as if they are the next Google, rather than valuing them all as if one of them might be, is pretty much the definition of a bubble.
The monarchy is a labor intensive industry.
I wash my skin with Re-Nutrive Intensive Hydrating Skin Cleanser, no toner, and follow with the range's Re-Nutrive Intensive Age-Renewal and Eye Creme.
Economic theory dictates that the value of a company is basically the present value of its future profits. To estimate Facebook's value through its future profits, we need to have a view on its user growth and how this will evolve in the next 10 to 50 years.
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