Raw Transcript: Are We Seeing The End Of Employees As We Know Them?
Good morning everyone and welcome to think future podcast. My name is Chris Kalaboukis and once again we’re coming at you from deep in the heart of Silicon Valley California. Today we’re going to talk a little bit about the future of work and the end of employees. There’s been a recent article in The Wall Street Journal which I tweeted out to my followers the other day about the future of employment or the future of employees for that matter. I thought was an interesting article because I’ve always said and I’ve said it for a long time I’ve said it since I read the book Free Agent Nation by Dan painter back in two thousand and two. That the nature of employment is changing from the old industrial complex of a number of us or most of us working for these large corporations as employees. And providing us with long terms of Horde benefits health insurance all of these things. The typical nine to five employee although we all know that we work way more than one to five for these large companies. And there’s still this perception. There’s still this perception this book came out in two thousand and two after all this time there still is perception that a full-time job with a large company or medium sized large company or any set company for that matter is better than being an entrepreneur or contract vendor. Well this article came out and I’ve been talking about this for a while that the nature of work is shifting it’s changing we’re not we’re no longer going to be doing this monolithic work for one company nine to five for the rest of our lives take weekends off etc etc Those kind of jobs going to change where there’s going to be more work put into it because there’s less there’s going to be less employees. Maybe even the end of employees. Being able to undertake more of a task which means you’re going to be constantly understaffed in these situations. And there’s going to be more and more of are required to bring inventors Now the reason why and what’s interesting about this is that we have all had this shared vision and this is continuing to happen that all of these large companies like Google and Facebook except for a. All of these large companies are continuing to be like that. Oh it wouldn’t be great if I just got a full time job with Google. I mean let’s get a full time job with Google. Let’s get a full time job with with Facebook I’m going to be set for life. The interesting part of this article is that it came out and revealed that most of these companies in fact half of the people who work at Google are contractors. They’re temps they’re vendors they don’t actually work for Google. They don’t have a full-time job with Google. So think about it all of these big companies that you think of are providing full-time jobs that people for people aren’t actually doing that. In fact if anything the trend is to go further and further away from the full-time job thing. Now the reason this is happening when there’s many many reasons is happening but I think the biggest reason why this is happening is that the burden on businesses to for full-time employment. Is immense. It’s immense for a full for a business to have a full-time employee instead of attending a nine contractor. There’s so much more work that needs to be done especially larger businesses over fifty people. There’s so much more work to be done in order to support this full-time employee that a lot of companies are saying well we can get the same amount of. Done better faster cheaper if we just bring in a contractor to do the work. So more and more of these large businesses are becoming collections of contractors. And I’ve said before that that’s where people are going we are all going to become. And I hate this term soul of printers managing our own career working for a number of companies at the same time. I said before I predicted this that we’re going to be in a situation where people used to say that oh you have a full-time job with company X. That’s great. In the person who has five part-time jobs. That’s horrible. Well I think it’s going to swish of that it’s going to switch around where the person who has the full time job with company X.. Is going to be pitied. And the person who has five jobs is going to be thought of as great because that person has five jobs has the ultimate flexibility to do whatever they want in their lives because work is no longer this monolithic get up get in your car drive to work spend eight hours plus in an office get in your car drive home that huge block of time that you used to spend working is going to be chopped up into tiny little blocks of time that you can do here and there and you don’t necessarily even need to be at a place like work. I mean what could be your typical day you get up you make a pot of coffee you get on a couple phone calls you get a couple meanings you go from claiming a to Client B. it’s all over the map. Its the end of employees. It’s no longer a monolithic block of time is little tiny blocks of time here and there you can spend work you can spend five minutes for client a doing one thing and five minutes for client be doing another thing while you’re on on route to client see. This is the future of work. It’s. Networked distributed solar printers. Working for any size company. And they don’t necessarily need to go to one place and do one thing for eight hours a day and I knew this was happening I knew this was accelerating. But only now we can get some real evidence that a lot of these major companies that you think. Are made up of full time employees. They’re actually made up of contractors and the thing is that we still have this mindset. We still have this mindset this mindset that’s going away that that’s a preferable way to live that it’s preferable to have a full time nine to five month if you’re fighting a job with one of these large organizations we still have that stuck in our heads that that is a better way to go and we can’t understand or at least people are having a tough tough time understanding that the freedom and the flexibility and the beauty of being able to set your own hours set your own times. Set your own everything. So all these people have five jobs people who pity those people have five job like they work for and they work for live to me and they do this and they do that and they do was Web’s a giant design and they do some five or stuff and they do all these things people look at them with pity still and say dude. How can you do that. And whenever you talk to these people they say I’m the happiest I’ve ever been. I was so tired of working for these major company putting in my putting in my time. Now I can do whatever I want whenever I want and I work on the work I love. I don’t have to be tied down to a single company doing a single thing for huge block of my day. I can turn it on and I can turn it off talk to any driver talk to any. Lift driver talk to any five or person talk to any Etsy person talk to any of these people who work in these fields that have multiple streams of income coming in. And they’ll all tell you that they’re very happy doing what they’re doing and they would never give it up. To go back to the full time job where they have to get up in the morning get in a car commute to a place spend an eight hour block of time there get in the car come back and go away so that is where the future of work is going. The question is when will you be able to provide that to your employees and if you’re thinking about becoming an entrepreneur if you’re one of those people who is stuck in one of those jobs and you’re thinking about becoming an entrepreneur are you thinking about becoming a contractor you’re thinking about becoming a solar printer. It is never been easier to do that now is the time when there’s platforms and infrastructures and systems out there. That will allow you to do that it’s easier now than it’s ever been so now is the time to do it. That’s it for me for today see you next time until then don’t forget to think future.