Oh, the lies people will tell themselves
A big marketing push will be made to coastal knowledge workers looking to cash out of their million-dollar split levels, move inland, and work remotely for their companies.
This paragraph is the catch. You see, only the people who are already highly successful will be able to do this. These people, since they are already successful, will be more productive in their new role. This will decrease the need for the number of employees required.
Things like this make me all excited and make me want to use words like “phase transition” to describe the fact the shift from industrial to post-industrial is still going on, but is about to enter the bad part.
Basically, what I’m saying, is that if you are not rich right now, you will never be.
The reason for this centers on the problem of productivity. Industrial output by its very nature has real limits on what any person can produce in any given time-period. Technological advantage can occur within this framework, but technological advantage normally provides incremental, rather than disruptive, effects.
Buisnessweek even talks about it, saying that
U.S. productivity is soaring while real wages decline. It’s a toxic relationship that, thanks to globalism, just might become the norm
in their article,titled Americans, Working Longer for Less, seems to refute what their other article talks about.
Looks like I should just head for the hills, and become a hermit. I suspect my wife would take issue with that choice, however…
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