debian wrote to All <=-

Now, on to the topic at hand. Reading a post from TechnologyDaily in
the TQW_GENTECH area titled "Cost of living crisis driving workers
towars hybrid working", confirms what I have been theorizing for a
couple years now with regards to VR. In the "New World Order", you will
be confined to your living quarters - your work will be done remotely
from your location either via a computer terminal, or a VR station. Whether they actually attempt to implement this scenerio 100% remains
to be seen, but we are seeing glimpses of it now.

Forcing VR on remote employees has an interesting angle in keeping remote employees focused on work - requiring them to be in a virtual world away
from home "distractions" sounds like a dystopian employer's dream.

In this article, they state that data from slack shows that "70% of workers believe hybrid working [working remotely] has helped them deal with rising costs, as they now spend less on food and transportation to
a physical office". If poeple keep this mentality, several industries
are going to be heavily impacted. People won't be driving, flying, nor consuming as much. It goes with out saying that auto manufacturers, dealerships, airplane manufacturers, gas stations, and oil refineries
(to name a few) will be decimated by this.

Driving through Silicon Valley, the For Lease signs are everywhere. Cranes
are busy erecting new buildings. There's going to be a real estate bubble bursting, this time it's going to be commercial.

Also, with people working remotely, there will be no need for a
physical office location. This will impact the realestate industry as businesses won't be purchasing nor renting office space since you can
just work at home for a fraction of the cost.

My speculation here is that we will may see realestate prices drop
atleast in some areas for office buildings. I say this is speculation
and "in some areas" because in places like New York, the prices have
not dropped for office space. Louis Rossman has reported on this in several of his videos where office space has been on the market for
years by this point, and the price has not dropped. Maybe the prices
will drop once the realestate agents who own those office buildings
come to the realization that they absolutely must sell, or get tenants
in their buildings?

"The study also found hybrid working has become such an integral part
of most people's lives that two-thirds (66%) say they would likely
start looking for a new job if their current employer stopped offering it". If that is actually true, expect rent prices to go up on office buildings. Expect for office realestate to be adversely impacted by
this type of mentality.

Also, These type of jobs that can function in a remote working
environment aren't sustainable when there is an economic down turn. Companies that produce something that is physically consumable are typically better able to withstand an economic downturn. Food, water,
and ammo are the types of products that see a huge increase in demand during economic downturns.

As things continue to worsen economically, I believe that we will see
the companies which produce the aforementioned of products find a
foothold and become more profitable than any of these companies that employ a remote office strategy. I could be wrong, and I suspect that
the media will hide the fact that these remote companies are failing,
but I am no economist after all.

It is always better to live in actual reality. "The way we work has changed, and we are never going back" says Chris Mills (Head of
Custoemr Success at Slack). I strongly disagree with this. As things worsen, these remote are going to fold as they aren't producing any physical product (for the most part). Most of these companies are tech companies - mostly tech support and software development companies. Any company that produces a physical product has a factory somewhere that
you have to drive to and work at.

I am not convinced that we have the technology to run a factory that is completely automated. I work in a factory that produces food and if we were to convert to a completely automated environment, the factory
would be dead in the water within 5 minutes. The amount, severity, and cause of jams very widely and I am not convinced that the automation exists to properly identify the jam (and the cause of it) and correct
for it.

I do not see a remote office being sustainable, especially during an economic downturn.

Article I am referencing: https://www.techradar.com/news/cost-of-living-crisis-drives-workers-towa rds-hyb rid-working/

How ya gonna do it? PS/2 it!

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