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Hybrid Work Could Save Knowledge Workers’ Jobs From AI

TASA ID: 22108

As the world slowly recovers from the pandemic, many knowledge workers find themselves at a crossroads. On one hand, the prospect of returning to the office stirs up a cocktail of dread and nostalgia. On the other hand, the threat of AI-driven job elimination looms large. It's like being caught between a rock and a hard place, or more aptly, between a swivel chair and a supercomputer.

But let's take a step back and examine the situation. The office, despite its occasional inconveniences, offers a unique environment for collaboration, innovation, and social interaction. It's the proverbial watering hole where ideas are exchanged, relationships are forged, and corporate culture is nurtured. That’s how I encourage my clients to frame the conversation in formulating their approach to hybrid work policy.

New Study Shows Shocking Lack of Hybrid Work Guidelines

TASA ID: 22108

As companies continue to navigate the new normal of remote and hybrid work, it is crucial that they establish clear expectations and guidelines for their employees. In addition, unlike Disney and Twitter, it’s very important that they don’t change their minds randomly when the leadership changes.

However, a recent survey conducted by Mercer found that only a third of organizations have formal rules in place for managing flexible work. Mercer assessed 749 organizations and found that 48% rely on informal and ambiguous guidelines to manage flexible work, 17% are completely hands off, and only 34% rely on clear and transparent formal rules. This lack of clear communication and expectations can have a serious impact on both retention and recruitment efforts.

The Perils of Assuming Everything Is Fine: Normalcy Bias and the Rushed Approval of the Boeing 737 Max 10 Jet

TASA ID: 22108

Congress just cleared the Boeing 737 Max 10 jet for certification in the omnibus end-of-year spending bill without further safety enhancements. That’s despite significant opposition by those demanding a safety upgrade: from the union representing the 15,000 pilots at American Airlines, from the families of those killed in the 2 deadly crashes in 2019, and from Rep. Peter DeFazio, chair of the House Transportation Committee. Rep. DeFazio led the key congressional investigation into the Max crashes, and said the language in the spending bill was included over his objection.

The Four Horsemen of the Mandated Return to Office

TASA ID: 22108

As increasing numbers of companies are requiring employees to return to the office for 3-5 days per week this fall, they’re running into the buzzsaw of what one of my clients called the “Four Horsemen of the Required Return to Office” - challenges with resistance, attrition, quiet quitting, and diversity.

The Four Horsemen stem from the fact that workers who are capable of working remotely prefer to do so for most or all of the time. For example, an August 2022 Gallup survey of remote-capable workers shows that 34% of respondents want to work full-time remotely, 60% want to work a flexible hybrid schedule, and only 6% want to work in a traditional office-centric setting. A June 2022 McKinsey survey of all workers, remote-capable and not, provides further context on preferences for hybrid work. It found that 32% of respondents want to work full-time remotely, 10% want to work remotely four days a week, 16% three days a week, 18% two days a week, 13% one day a week, and 13% prefer full-time in-office work. Thus over half of all respondents want to work less than half the time in the office. And a September 2022 survey from the School of Politics and Economics at King’s College reported that 25% of respondents would quit if forced to return to the office full time.

FTX Brought Down by SBF’s Double-or-Nothing Philosophy

TASA ID: 22108

“Let’s say there’s a game: 51 percent, you double the Earth out somewhere else; 49 percent, it all disappears. Would you play that game? And would you keep on playing that, double or nothing?”

The vast majority of us would not take the risk of playing that game even once. After all, it seems morally atrocious to take a 49% chance of all of human civilization disappearing, for a 51% chance of doubling the value of our civilization - essentially a coin flip.

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