section_path: Economics/Information-intensive industry
section_name: Information-intensive industry
paragraph_text: Information-intensive industry
  
  Industry has become more information-intensive while less labor - and capital-intensive. This has left important implications for the workforce, as workers have become increasingly productive as the value of their labor decreases. For the system of capitalism itself, the value of labor decreases, the value of capital increases.
  
  In the classical model, investments in human and financial capital are important predictors of the performance of a new venture. However, as demonstrated by Mark Zuckerberg and Facebook, it now seems possible for a group of relatively inexperienced people with limited capital to succeed on a large scale.