The Future Of Work
The future belongs to a new class of workers and investors.
What does that mean? Well, this is going to be a short but deep post, so please hang tight.
A month ago, Amazon added $62B to their market cap (or valuation) in a SINGLE DAY. In fact just within the 7 and half hours of the trading day. How did they do that?
To understand this large number (sixty-two billion), you have to know that the entire FedEx company is worth $61B. Airbnb is $30B and Pinterest just $10B. My point here is how come Amazon is managing to produce so much reach, revenue, and growth year after year?
The short answer is smart machinery. Yes, smart, intelligent robot workers. An army of self-managing doers (just that in Amazon’s case, a lot of these workers are just robots).
The reason, Amazon was able to lock in this boost is because of its ever-expanding reach, influence, and control. For Amazon, the customer is not just the king but everything.
This philosophy has made Amazon into a ruthless, productivity-slave-king. Like Uber, the customers love it, but, the workers pay for it by working HARD. Or, worse, losing their job to a new shiny machine.
So, what can we mortal humans do? How do we continue to grow our small companies against the giants with an army of robots? Or, as an employee, how do we protect our job and income?
Again, the short answer is by having a lean business model and as a human worker, become more valuable. Welcome to the world of “self-managing doers”.
Self Managing Doers
The future belongs to those who can produce and ship goods at a cheaper cost and faster pace than their competitors. An army of bots, super-computers, global, decentralized teams, and automation jobs will be utilized in an ever-increasing proportion to bring the fixed cost down.
More and more people will lose their jobs or will work harder and longer for a pay cut (not directly, but through inflation and loss of benefits). Take a moment and think about it.
Middle management will become obsolete as they are neither good with the company’s vision nor good at “doing the actual work”. In the future, most employees will report to a Vice President or a Director, or Team Leads.
The team leads will be workers and not managers. Just like a sports team, they will serve in a dual role for the same pay. What will be their reward for additional 2 hours of managing team members and writing reports? Social status.
Non-performing employees (technical or not) will be seen as a burden and fired fast. Eventually, the workforce will look more and more like productive human-like bots who will self-manage their duties and report on tasks completion. These will be the new working class of near-future. Fueled by technology, they will be self-managing doers.
Companies, small or large, will be wi-fi connected distributed teams of “self-managing doers” who’ll ship code to toys to groceries using drones, self-driving cars, and the satellite powered Internet.
For the curious: Besides sharing my life stories and writing poetry, currently, I along with my wife, we are also trying to make this world a little more brave, free, kind, and compassionate by designing wanderlust & adventure themed t-shirts and handmade accessories. Please check them out here: www.artoftravel.store
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