I'm sorry, no-one works here

Apparently the age of the zero employee billion dollar business is upon us. Yikes!

A new breed of super efficient company is coming.

Apparently.

The one with hardly any employees because it is super automated, which apparently translates into 'minimal risk', 'unparalleled upside' and 'potentially accelerated revenue generation' for entrepreneurs.

These claims are being made by Magister Advisors - who are 'M&A advisors to the technology industry'.

Apparently every employee for Microsoft is worth $3m, and every Apple employee is worth $10m.

Compare this with employee-light firms such as Instagram and Facebook, whose 13 and 3,000 employees are each worth $77m and $33m respectively.

But wait a minute.

While it must be great to have no overheads and a company run by machines, firms can quickly become out of touch and classed as unresponsive. How does it tune into the emotions and feelings of its customers?

There is no substitute for relationship building within business, and if something goes wrong, it is only other people that can actually solve problems.

Human touch cannot be replicated by any machine.