Betting the Future on a New Business Model

Companies rethink the need to even have offices, or how to redesign places of work. The traditional work shift - 9-5, 5 days a week – is losing relevance. Many companies are adopting the remote work models, spawned by the pandemic, as their new normal. Does the nation need new policies of Guaranteed Basic Income, (UBI) or a drastic rethinking of the social safety nets?

Frontline and service workers have borne the health consequences of the pandemic, increasing racial and economic disparities. Certain robotic and AI applications are accelerating as the value of human workers is further questioned. Determining the likely areas of job growth and training needs is difficult. Post-secondary education has become more virtual and its costs, more controversial.

In addition to illuminating the ongoing drivers for disruptions to the world of work – AI, robotics, platform technology, globalization, labor practices -- the pandemic has been a driver of change. Unemployment flipped from lowest in 50 years to highest in a century.