Pivot
Future of Work: Why Remote and Hybrid Are Here to Stay
Mar 27, 2024
Nick Bloom, a Stanford economics professor known as the 'Guru of Remote Work,' shares his insights on flexible work arrangements. He argues that remote and hybrid models benefit both employees and companies, predicting their continued rise. Bloom discusses how AI will transform collaboration, the importance of mentorship in hybrid settings, and the balance between in-office work and remote flexibility. The conversation ends with a humorous take on sports culture and its surprising ties to the future of work.
26:18
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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.
Deep dives
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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