Jun 3, 2020
Self-filmed at home by our authors, during the Great Shutdown.
The concept of an office as a place requiring the physical presence of labour has been slowly eroded by the globalisation of services. Three factors have been driving this little noticed phenomenon:
Despite these changes, the current workplace has been slow to imagine a different reality. COVID-19, however, has suddenly shown what is possible in terms of remote work. The number of people working online is 10-30% higher than those who imagined they could two years ago.
By working remotely, space becomes compressed, and borders fade—what starts in New York, arrives in Dallas and ends in Bangalore. And the implications for white-collar workers, commercial real estate and digitisation of services are profound. Specifically:
Put all this together, and it amounts to a major socio-technological paradigm shift. Though we may still be some way away from being able to work remotely from idyllic beaches, within a decade our current world of work could look unrecognisable.