AI, reasonably enough, doesn't need that many people. That's kind of the point.
Are residential prices, both buy and rent, dropping yet?
It doesn't and then it dominates.
"Metropolitan areas with a human capital stock one standard deviation below the mean realize no productivity gain, while doubling density in metropolitan areas with a human capital stock one standard deviation above the mean yields productivity benefits that are about twice the average. These patterns are particularly pronounced in industries where the exchange of information and sharing of ideas are important parts of the production process" [1].
[1] https://citeseerx.ist.psu.edu/document?repid=rep1&type=pdf&d...
Could you please let big tech know, they seem to be ignorant or intellectually dishonest on this point.
God forbid there might be, maybe, a small option of admitting that WFH might not have so much benefits as HNers claim. ;)
It's not like engineers would ever be... intelectually dishonest.
Every study on worker happiness suggests that it is, on average, higher.
Formal studies on open plan all suggest, for different reasons, that it makes people less productive, yet that is what management prefer. They're just dishonest about their motivation.
Google has 92% marketshare in search, Apple has 82% of global smartphone profits, etc.So they can ignore the rational pull of a cheaper distributed talent market.
Until public market investors get upset they’re paying $300k/yr for state school grads to do banal project management jobs inside the most expensive real estate on earth, nothing will change.
What will fill offices is a string of big bankruptcies that allow new owners to lower their cost basis and offer cheaper rent.
in some places it’s cheaper to tear down the building than convert. that’s how unrealistic/expensive that idea is.
https://en.m.wikipedia.org/wiki/List_of_tallest_voluntarily_...