economy tags

Bull Session

The New Company Town

November 24, 2017          

Episode Summary

On this episode of The Digital Life, we chat about the new “company town” and real estate development by Google and Facebook. As a part of their attempt to attract the best and the brightest to their tech organizations, Google and Facebook are acquiring and developing swaths of real estate in Silicon Valley. Silicon Valley is one of the most expensive places to live in the US and real estate values there continue to skyrocket. This means that the affordability of housing can be a significant obstacle to the hiring process. Of course, by adding strategically located housing not far from their office facilities to their expansive list of company perks, Google and Facebook encourage hires to work longer hours too. Join us as we discuss this latest wrinkle in creative class work.

Resources:
Robber Barons Would Have Loved Facebook’s Employee Housing
Company town 2.0
Google and Facebook are building the ultimate perk: housing

Bull Session

Automating Work

January 28, 2016          

Episode Summary

What does the future of work look like? As software, robots, and the IoT automate activities previously completed by humans, change is coming all too quickly. In fact, according to preliminary findings of a recent McKinsey report, 45 percent of all work activities could be automated today using technology already demonstrated. From fulfilling warehouse orders to suggesting medical treatments for ailments, this coming wave of automation will redefine jobs and business processes for factory workers and CEOs alike. In this episode of The Digital Life, we discuss the inevitability of automation and what that means for future occupations.

Resources
McKinsey Study: Four Fundamentals of Workplace Automation