Human capital

It said the boring company's loop has carried more than 4 million passengers in Las Vegas since 2021, arguing the technology has now moved beyond proof of concept as international expansion gathers pace.

And other investors include Human Capital, Y Capital, Valor Equity Partners, Sequoia Capital and recent Horowitz, Temasek, Singaporean Giant and Barron Capital.

The funding comes as the booring company expands beyond Las Vegas with work also underway on a new tunnel project in Nashville, Tennessee.

Musk has spent years pitching underground transport as a way to tackle congestion, although the Boring Company has made limited progress toward the much larger vision originally promoted.

Because when I look at interior design businesses, there are five areas I want to intimately understand.

It's your finances, your marketing, your human capital, your CEO leadership, and your products and offerings.

Those are the five.

And no, I'm not saying those are the only five things that exist inside a business.

You don't have to discount your offerings and go, gosh, does that number feel high? You don't have to convince the wrong client they should work with you.

And you can actually decide what kind of business you want to build.

All right, let's talk about number three, human capital.

The third area is this, and this one comes up constantly because here's what I hear you saying after years of coaching you.

And there's one finding that jumps out immediately.

Human capital matters more than AI benchmarks.

She actually says human capital absolutely dominated.

That's huge.

Right.

I have AI, which honestly half the time is wrong.

You should use AI when you have high human capital.

You should use AI when you already know it, not to learn it.

Because it's wrong all the time.

It's just like any tool.

Just because I have a sewing machine doesn't mean that I can sew a shirt, right? They want to know that when you prompt that AI, you're prompting it correctly, and they want to know that when you're seeing the answer from the AI, you're not copy-pasting it, you're taking a critical lens to it.

AI replaces low human capital.

AI

In some cases, growth is what creates the next generation of risk.

Hello, and welcome to this Human Capital Insight episode of On Aeon.

This week, Aeon's Sharon Naglinski, rewards partner, and Jeff Alpar, president for North America, explore the rapid growth of digital infrastructure and why success depends on more than capital and technology.

They discuss scaling risk, organizational capacity, talent, operational resilience, and the critical connection between human capital and risk capital.

Good morning, Jeff.

I'm really excited to have this conversation with you.

The question is not only whether you can build the asset, it's whether that business can execute repeatedly and reliably at scale.

Yeah, I couldn't agree with you more, Jeff.

of the constitution so that is there is there an economic argument as well because it is on the economic argument that it is consistently getting attacked saying you are violating fiscal discipline you are putting a burden on the exchequer whereas you should instead of having the government focus on spending to accelerate growth, you are spending on redistribution and therefore losing out on growth.

But then, as I said in my introduction, shouldn't this be a matter of common sense that for you to have a resilient economy and a sustained growth, your human capital has to be of high quality in terms of education, And health.

So doesn't this make it a matter of common sense, a matter of economic common sense that you have to invest in your people? Yes.

So why doesn't that happen? Even in your socialist phase, we did not do that despite being a socialist economy or a mixed economy.