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Stanford economics professor and 'Guru of Remote Work,' Nick Bloom, discusses the benefits of flexible work for employees and companies. He predicts an increase in remote work in the future. The podcast explores historical trends, profitability for companies, AI's impact on remote work, and the importance of mentorship in evolving work environments.
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Quick takeaways
- Remote work boosts company profitability through reduced turnover and cost savings.
- Rise in remote work reshapes real estate with a shift towards hybrid models and suburban offices.
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Remote Work Trends
Remote work has become increasingly prevalent in the workforce, with many companies transitioning to hybrid or fully remote models. The profitability of remote work for firms lies in reduced turnover rates and cost-effectiveness, especially in terms of office space savings. While some advocate for in-office work for creativity and relationships, the future seems to lean towards hybrid models with a focus on performance outcomes.
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Listen to the best highlights from the podcasts you love and dive into the full episode