Plain English with Derek Thompson

The Big Winners and Losers From the Remote Work Revolution

Jun 17, 2022
Julia Hobsbawm, author of 'The Nowhere Office,' dives deep into the remote work revolution. She highlights that office occupancy remains low, prompting questions about who actually benefits from this shift. The conversation also touches on the Great Resignation, noting how women and younger employees are reevaluating their work-life balance. Hobsbawm discusses the impact on traditional office spaces and real estate, suggesting a hybrid model could be the future. She emphasizes the importance of psychological safety in remote teams for fostering collaboration.
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INSIGHT

Remote Work Revolution

  • Remote work is a paradigm shift, similar to the advent of cars or electricity.
  • It will reshape cities, commutes, and family life for decades to come.
INSIGHT

Office Disruption

  • The pandemic disrupted offices more than any other institution, including restaurants and movie theaters.
  • Office occupancy is still only 43% of pre-pandemic levels.
INSIGHT

Shifting Norms

  • The corporate world has lived with global norms for 75 years, since World War II.
  • Now, there are no norms, which is challenging but also creates opportunities.
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