Modern Wisdom #326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
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.
01:22:00
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.
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.
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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Intro
00:00 • 5min
The Transformative Power of High-Quality Sound
04:43 • 2min
The Great Reshuffle: Embracing Digital Skills
06:24 • 13min
Reframing Ideas and Enlightenment
19:12 • 36min
The High Stakes of Youthful Decisions
55:27 • 3min
Adapting to the Great Reshuffle
58:24 • 23min
Navigating Complexity: The Power of Language and Learning
01:21:43 • 5min
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Jim O'Shaughnessy is an investor and the founder, Chairman, and Chief Investment Officer of O'Shaughnessy Asset Management.
Time, space and geography are collapsing. The richest people on the planet are no longer in charge of labour or buildings, they're symbol manipulators. The skillsets we need today are completely different to what was needed 50 years ago, let alone 500. Jim is here to give us some advice on how we can survive this catastrophic reshuffling.
Expect to learn why 2020 was the best thing to happen to talented people in the developing world, the danger of grade-inflation in top flight universities, why we both have a man-crush on Rory Sutherland, why Isaac Newton was a dick and much more...
Extra Stuff:
Check out Jim's company - https://www.osam.com/
Check out Jim's Podcast - https://www.infiniteloopspodcast.com/
Follow Jim on Twitter - https://twitter.com/jposhaughnessy
Rick and Morty and The Meaning Of Life 1 - https://hackernoon.com/rick-and-morty-and-the-meaning-of-life-6640df17e263
Rick and Morty and The Meaning Of Life 2 - https://medium.com/@dan.jeffries/rick-and-morty-and-the-meaning-of-life-part-ii-screw-enlightenment-become-an-adult-instead-e1b2ec832e4e
Jim's Superthread - https://twitter.com/jposhaughnessy/status/1343371350493319169
Another Jim Superthread - https://twitter.com/antilibrary_vk/status/1164959690234593280
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