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112 sats \ 21 replies \ @Undisciplined 7h \ on: US office construction is collapsing while data-center buildouts are exploding Construction_and_Engineering

There’s also a huge excess of general office space.

The problem with commercial real estate is older than the AI runup.

69 sats \ 19 replies \ @kepford 2h

And remote work made it worse.

49 sats \ 8 replies \ @Undisciplined 2h

I know what you mean, but I'm not sure "worse" is the right word.

It depends on whether remote work is welfare enhancing on net. If it is, then I think it would be more accurate to say that remote work made the economic problem with commercial real estate more apparent.

69 sats \ 6 replies \ @kepford 2h

Yeah, I don't care. I just meant it accelerated it

69 sats \ 5 replies \ @kepford 2h

For many years before I was able to work remotely I thought many people didn't need to commute to an office. It's absurd and an example of how obbssed humans are with mimicking others.

21 sats \ 4 replies \ @Undisciplined 2h

Which part is mimicking others?

Most of the people I collaborate with don't live in the same place as me, so commuting would basically just be teleworking from a different location.

69 sats \ 3 replies \ @kepford 2h

Driving to an office to sit at a screen and do work. I pushed to work remote and was ignored. This was the mid 2000s.

Now that remote work is more common companies do it. That's the mimicry

70 sats \ 2 replies \ @Undisciplined 2h

Gotcha.

The mimicry is also going the other way as firms and governments cut back on remote work, despite having basically no demonstrable reason to do so.

69 sats \ 0 replies \ @kepford 2h

Yep.. Its what weak leaders do

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69 sats \ 0 replies \ @Coinsreporter OP 2h

They are calling it 'Strategy Shift'. I've overheard one big CEO.

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69 sats \ 0 replies \ @Coinsreporter OP 2h

Clearly. If anything, it clarified the mismatch between how office space was valued and how people actually want to work.

69 sats \ 9 replies \ @Coinsreporter OP 2h

Remote work is a boon. I can't imagine myself teaching again more than a 100 students in the very early hours inside a big classroom.

21 sats \ 8 replies \ @Undisciplined 2h

It's generally better for the worker but not always preferable to the employer/customer

144 sats \ 7 replies \ @Coinsreporter OP 2h

Yes you're right. Still I believe ost of the times it's highly unproductive in maximum jobs to be in a office. I still work, I work from home and I'm 100 times more productive than I used to be. It's worked for me so I think it's a lot better.

21 sats \ 6 replies \ @Undisciplined 2h

I know what you mean. I do both and I'm much more productive (and happier) working from home, plus it's so much cheaper and I get more parenting time in.

69 sats \ 5 replies \ @Coinsreporter OP 2h

In India I've hardly found anyone being honest with jobs working inside offices. One they don't get paid enough and secondly they are overworked without any praise for their time. Most of the employers here are of the view that they own the employee if they pay a few bucks to him monthly.

21 sats \ 4 replies \ @Undisciplined 2h

I think that's a common attitude of employers everywhere

69 sats \ 2 replies \ @Coinsreporter OP 2h

At least people get paid much more and on time in western countries. Here it's not the same. The feudalism is all over the workplaces in India. No respect for the workers who actually work.