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Technically Speaking



























                           New PARADIGMS. New HORIZONS.







        by Dave Trecker

              et’s set aside some of the troubling stuff – the wars, the   But wherever people work, they’re grumpy. A BambooHR
        L     viruses, the crime, all of the unhappiness out there.  analysis of 57,000 employees showed job satisfaction was in the
                Let’s be positive, hope for the best and take a look
                                                                    toilet, the lowest in years.
        at some changes the experts say will define the future – new   Why? Not clear, but it probably has something to do with
        parameters that will determine how and where we live and work.  higher prices wiping out salary gains everywhere. Surveys
           First the view from 20,000 feet.                         uniformly show that workers want more pay – not prestige or
           Everything got a bit more crowded in 2023 as the         promotion or even security. That’s not so important anymore.
        United States, the planet’s third most populous country, added   Wages are everything.
        0.5% more people and the world overall grew at 1%, reaching   My daughter, a working mom who’s a manager at a Fortune
        a population milestone of 8 billion people. The United Nations   500 corporation, says company loyalty is a thing of the past. Job
        estimates that it will increase by nearly 2 billion over the next 30   jumping is common. Money is what matters.
        years and peak at over 10 billion sometime in the 2080s.      How about living quarters? What kind of abodes should we
           Why the continuing growth? Improved health driven by gains   look for in the future?
        in medicine, nutrition and hygiene. Or so say the experts. Global   Although this might not apply in affluent coastal Florida,
        life expectancy is now about 73 years, 76 in the United States   much of the rest of the country will see big changes in housing.
        according to the Centers for Disease Control and Prevention, with   Simply put, think small. Bigger isn’t better.
        women outliving men by nearly 6 years.                        Owning will decline as incomes get squeezed, and renting
           Within the United States, demographic projections show   will become the default, according to the Wall Street Journal. And
        ethnic Whites continuing to decline and Hispanics and Latinos   renting will be a long-term choice, a conscious lifestyle change.
        continuing to grow. With that will come more diversity in politics   If you can’t afford big or if you’re a migrant, you may have
        and government. No big surprise.                            little choice. It’s small or nothing. A Zillow report says this has
           What about the workplace?                                already begun. Reduced affordability is forcing the middle class
           What does the future hold in store?                      into smaller, even tiny homes – a bifurcation depending on your
           Several trends, some expected, some not.                 earning status.
           First off, working from home at least 2-3 days a week is here   Amazon advertises pint-sized sheds as full-time residences.
        to stay for a good many jobs. Two of my working children have   Zoning changes are allowing more living units to be crammed
        been doing that since before COVID. A Stanford University   into single lots. Furnishing specialists are designing miniature
        study showed remote work saved commuters $5,000-6,000 a year   appliances and petite beds and sofas.
        and reduced a lot of angst. According to WFH Research, 1 in 3   Love it or hate it, it’s coming and it’s less than a decade away.
        Americans now work at least part time away from the office.    For much of the country, most new housing will have to be
           One of the by products is that a staggering 20% of United   affordable, an unexpected and, perhaps, welcome outcome.
        States office space is now vacant, although not so much in Florida   These are some of the new paradigms. And we haven’t even
        where robust business growth continues to fill the space.   begun to talk about artificial intelligence.
                                                                      Dr. Trecker is a chemist and retired Pfizer executive living in Naples.


     70                                                                                                      Life in Naples | March 2024
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