Because a large shift to decentralized work tanks not only the commercial real estate business, but also a whole sector of service work that exists to handle large concentrations of office workers. 2/n
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Janitorial staff, physical security, catering and hospitality, to name just a few. As these jobs go away, the income gap widens even further. And the burden of providing these services shifts to the remote employees. 3/n
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And I fear the long-term outlook for these service jobs is bad. Lacking economy of scale, remote employees will look to gig workers to fill some of these functions—house cleaning, catering/shopping, etc. 4/n
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This is clearly not good for these service industries and the people they currently employ. But I would also argue it is a bad thing for our society to be shedding these jobs into a gig economy which so far appears to be exploiting many for the benefit of very few. 5/n
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Because we’re all in this together. And we need to address these issues before the guillotines start appearing. /fin
Jan 24, 2021 · 3:56 AM UTC
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