Modern Wisdom

#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle

6 snips
May 27, 2021
Jim O'Shaughnessy, an investor and the founder of O'Shaughnessy Asset Management, discusses the dramatic shifts in our workforce landscape. He shares insights on the 'Great Reshuffle' and how digital skills are overtaking traditional roles. Jim argues that the pandemic has leveled the playing field for global talent while highlighting the dangers of grade inflation in universities. He humorously reflects on historical figures like Isaac Newton and emphasizes the importance of personal branding and resilience in adapting to these changes.
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INSIGHT

The Great Reshuffle

  • The world is shifting from physical to digital, requiring new skillsets focused on symbol manipulation.
  • This "Great Reshuffle" favors those who can adapt to a digital world where time and space collapse.
ANECDOTE

Hiring in the Digital Age

  • Jim O'Shaughnessy hired a new colleague in Bangalore after observing his skills on Twitter for nine months.
  • This demonstrates the shift from traditional CVs to online proof of work.
INSIGHT

COVID's Impact on Talent

  • COVID-19 benefited talented people in developing countries while disadvantaging the less talented in developed nations.
  • This highlights the uneven impact of the pandemic on global talent.
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