The days of 9-5 work are over
The Collaborative Fund is exactly what is sounds like: an almost open-sourced venture capital fund investing in business of the future. There's some smart people on this team, and I've found that Morgan Housel writes some really great information. This particular point discusses the work culture of the 9-5.
History:
In 1916, railroad unions demanded an eight-hour work day, largely because work after that point correlated with a rise in accidents and death.
New Deal pushed for broader workers’ rights. It used the Adamson Act as a template, as no one wanted to favor one field over another. The eight-hour, five-day workday was standardized for all industries.
How is it that 80 years later, we still use this work schedule?
All of this brings to mind that We lack the will to change. And why should we, when we are enjoying enormous wealth and prosperity? Well for one, we are becoming increasingly unequal. But it goes beyond that, because there's been plenty of generations with lots of money and power. No, instead, the problem has become that we lack the will to change.
“We have the money, the technological base, and the human talent,” he writes. What we lack is the will to change."
"These robots don’t have a lobby to rival the giant defense contractors."
"And here-in lies the problem. We've created a system of elected leaders that care about their legacy than they do about their kids'.
"The concept is the same. Technological advances are making entire industries obsolete. Why can't technology advances of entire nations make some nations obsolete as well?"
"France, England, Germany, Japan. All of these nation's were global powerhouses until they weren't. The US has held the mantle since its infancy. But it will be up to us - my generation - to steward in the dawn of a new era. "
A lot of knowledge jobs basically never stop, and without structuring time to think and be curious you wind up less efficient during the hours that are devoted to sitting at your desk cranking out work.
We need to change the way we work.
We might be making good progress towards this:
Work from home is becoming more popular and large comapnies like twitter are proposing seismic shifts:
Twitter CEO Jack Dorsey said in an email to all staff on Tuesday, May 12th, 2020 that work from home will be permanent. Some jobs that require physical presence will still require employees to come in. This is one of the first large company to come out and talk about the changing landscape of how we work.