Rents in San Francisco have declined 20% year over year.
People are moving due to:
•And cost of living
•And lay offs
With remote work and lay offs, people are relocating to lower cost areas, or moving back in with parents
Remote work is really changing the landscape.
Most jobs will transition to permanent remote positions.
Companies eliminate office overhead, reduce expenses, and increase profit.
Not sure it’s the best idea long term, but we’ll see.
It’s an experiment.
Soon, I think it’ll become highly desirable to work at an office.
I think isolation and loneliness with only get worse with this remote work paradigm.
Physical community and the culture it produces has already been declining over the years
Office work was one of the few physical spaces left for community.
I also think it’ll become increasingly dangerous for democracy.
The digital platforms we rely on act as echo chambers.
The media and messages being promoted on these platform amplify narrow propaganda agendas.
I think the public will be forced to increasingly rely on digital media and outlets for their news, rather than their eyes and ears and open discussion with people in person.
And perspectives will become more and more monolithic, and less and less diverse, which is bad for democracy.
People will increasingly not trust each other, not trust their eyes and ears, not think for themselves.
They will increasingly rely on propaganda platforms for “truth”, for their interpretation of events, people, the world.
Of course this has been happening for a long while, but the massive shift to remote work is only accelerating the trend.