https://jamesaltucher.com/blog/nyc-is-dead-forever-heres-why/



James Altucher is a smart guy so lions took this prediction more seriously than most. Important point about current bandwidth to our homes being unimaginable 20 years ago. That alone should have made most jobs virtual, years ago. The lion kingdom can get more bandwidth in its apartment than its day job.


Another point was once the taste of remote work lasted 5 months, it would become permanent.


Lions still believe US will return to being a commuting economy, no matter how impractical it is. US can print whatever amount of money is required to perpetuate the most inefficient practices in the world.


The return may not be the current generation of businesses but the businesses that generation Z starts in 3 years. Generation Z will start from scratch & re-evaluate what millennials left behind. Like millennials, they'll initially value lifestyle over practicality. It's human nature to just not trust employees without seeing them at their desks. A lot of stuff can't be done remotely, like jobs involving physical hardware.




The most optimistic future lions see is remote work extended to the most highly qualified applicants & top tier companies, but not places lions can get into.

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