The future. This is the topic of choice for Jason Schenker economist, entrepreneur, and author of The Future After Covid: futurist expectations for changes, challenges, and opportunities after the Covid-19 pandemic. In his latest book, the American discusses some fifteen themes, ranging from the economic difficulties of certain sectors to the consequences of the crisis on the upcoming American presidential election. He gives us his vision of the world beyond the Covid-19 pandemic.
Futurism and preparing for the future
The crisis has forced society to adapt and some new habits will become permanent, says Jason Schenker. How does he know this? Hes a futurist! A futurist looks at past data and trends, and then applies the observed trends and patterns to current data in order to develop a vision or scenario of what the future might look like, he explains before quoting Mark Twain: History doesnt repeat itself, but sometimes it rhymes. He goes on to say, Being futuristic is a logical extension of economics, because you look at long-term trends by taking into account the probabilities of outcomes and human behavior. This graduate of history and applied economics is certain of one thing: Our ways of working and consuming are the cornerstones of change.
New lifestyles
For a lot of people, the days of working in an office are over predicts Jason Schenker. Teleworking will become more widespread, especially in low-density urban areas. The size of the home will become more important than proximity to the office. A distant descendant of French immigrants in Quebec and a Europhile who studied German and French at university, Jason Schenker compares his country to the Old Continent. In America, people will eventually leave cities where real estate is expensive, like New York or San Francisco. The United States, with a territory three times larger than Europe, does not have the same public transport infrastructure. People like convenience, says the economist, they are abandoning supermarkets in favor of e-commerce. Supply chains will change: warehouses are set to grow and department stores will disappear. On the other hand, shopping areas with European-style shops will remain, as they are still a full-fledged experience. And what about the role of the environment in the world to come?Jason Schenker is betting on a decrease in automobile transport, which would have a double advantage: The reduction of fossil fuel consumption and CO2 emissions and the saving of time, which by its essence is a non-renewable resource.
Feeding the economic recovery
Companies need to get back to basics, generate cash and ensure a positive return on every expense. He advises contractors to tighten their belts, spend only what they need, and consider what contracts they might feasibly terminate, including overheads such as office space. On a broader level, there are three immutable ingredients of economic recovery, the economist argues: Fiscal policy, monetary policy central banks have taken steps to encourage investment and time. It will take time, because the recovery will be slow.Schenker is based in Texas, one of the first US states to lift the lockdown, and speaks of the growing number of Covid cases and the possibility of a further shutdown of activities.We dont know how long the pandemic will last. The longer it lasts, the more people will get used to the changes, he says. And the longer-term impact of the changes will be more noticeable.
By Anne-Gabrielle Mangeret
The Future After Covid (Prestige Professional Publishing) is out now in paperback and e-book.
Read the original here:
Jason Schenker: For a lot of people, the days of working in an office are over - Leaders League
- The G-Bound RC Car Drives On Water [Rc] - November 7th, 2009 [November 7th, 2009]
- Nanoparticles Can Rip Your DNA Apart Without Ever Touching It [Nanoparticles] - November 7th, 2009 [November 7th, 2009]
- My Favorite Top 10 List Today: The Dumbest Evil Geniuses Of All Time [Evil Geniuses] - November 7th, 2009 [November 7th, 2009]
- 5,000 Volts Is More Than Enough Power To Crush a Soda Can [DIY] - November 7th, 2009 [November 7th, 2009]
- Computers Are Scary, But Steve Allen Is Here to Help [Retromodo] - November 7th, 2009 [November 7th, 2009]
- Pangolin Backpack [Bags] - November 7th, 2009 [November 7th, 2009]
- New For iPhone: 2 Balls 1 Cup [IPhone Apps] - November 7th, 2009 [November 7th, 2009]
- Office Building Or Home To A Super Heroine? [Architecture] - November 7th, 2009 [November 7th, 2009]
- This Inflating Bra Commercial Left Me Confused Yet Reaching For My Wallet [Nsfw] - November 7th, 2009 [November 7th, 2009]
- 10 Terrible Tips for Longer Battery Life [Humor] - November 7th, 2009 [November 7th, 2009]
- Dealzmodo: $100 Xbox 360 at Amazon, More Electronics Deals All Day Long [Dealzmodo] - November 7th, 2009 [November 7th, 2009]
- Gigabyte BIOS Update Fixes iPhone Syncing Issues [IPhone] - November 7th, 2009 [November 7th, 2009]
- Hello Facebook User, I'm a Nigerian Prince in Need of Assistance... [Facebook] - November 7th, 2009 [November 7th, 2009]
- Zune HD Update 4.3: Speedier Browser, Predictive Text and More [Zune Hd] - November 7th, 2009 [November 7th, 2009]
- 8-Bit Wedding Invitation Acknowledges the Marital Bickering to Come [8-Bit Wedding] - November 7th, 2009 [November 7th, 2009]
- The iPhone Nano Rumor Strikes Again: Coming to Verizon in 2010? [Rumor] - November 7th, 2009 [November 7th, 2009]
- Building a NAS? Skip the Performance Drives [Nas] - November 7th, 2009 [November 7th, 2009]
- Microsoft COFEE, Some of the Most Illegal Software You Can Pirate [Hacking] - November 7th, 2009 [November 7th, 2009]
- Robot Cow Rectum: For Educational, not Recreational, Purposes [Robots] - November 7th, 2009 [November 7th, 2009]
- Watch Jonathan Ive's Segment in Objectified [Apple] - November 7th, 2009 [November 7th, 2009]
- BlueBeat’s Innovative Defense That Will Never Hold Up in Court [Music] - November 7th, 2009 [November 7th, 2009]
- Nokia Booklet 3G Landing November 15 at Best Buy [Nokia] - November 7th, 2009 [November 7th, 2009]
- Latest Snow Leopard Developer Build Breaks Hackintosh Support... Again [Hackintosh] - November 7th, 2009 [November 7th, 2009]
- The Cité du Design Certainly Lives Up to Its Name [Architecture] - November 8th, 2009 [November 8th, 2009]
- 64% of Men Don’t RTFM Before Calling Tech Support [Tech Support] - November 8th, 2009 [November 8th, 2009]
- MIT Media Lab: Electronic Wallpaper, Conductive Threads and More [Fashion] - November 8th, 2009 [November 8th, 2009]
- Famous Paintings Reproduced In Coffee [Art] - November 8th, 2009 [November 8th, 2009]
- How Far Can 'Medical Tourism' Go? - November 8th, 2009 [November 8th, 2009]
- Actuarial Escape Velocity - November 8th, 2009 [November 8th, 2009]
- A Rebuttal to 'Peak Oil' Doomsday Predictions - November 8th, 2009 [November 8th, 2009]
- Reverend Jeremiah White,...I mean, Wright - November 8th, 2009 [November 8th, 2009]
- Energy vs. Financials, A Divergence of Historical Extremes - November 8th, 2009 [November 8th, 2009]
- US Ideological Distribution, 2008 - November 8th, 2009 [November 8th, 2009]
- Ten Biotechnology Breakthroughs Soon to be Available - November 8th, 2009 [November 8th, 2009]
- Nanohealing Material Heads to Market - November 8th, 2009 [November 8th, 2009]
- The Solar Revolution is Near - November 8th, 2009 [November 8th, 2009]
- Why the US Will Still be the Only Superpower in 2030, v2.0 - November 8th, 2009 [November 8th, 2009]
- The Culture of Happiness - November 8th, 2009 [November 8th, 2009]
- Surfaces : The Next Killer Ap in Computing - November 8th, 2009 [November 8th, 2009]
- More on the Economics of Medical Tourism - November 8th, 2009 [November 8th, 2009]
- Ten Myths in America - November 8th, 2009 [November 8th, 2009]
- Can Buildings be 'Printed'? - November 8th, 2009 [November 8th, 2009]
- Pre-Singularity Abundance Milestones - November 8th, 2009 [November 8th, 2009]
- The Futurist's Stock Portfolio for 2009 - November 8th, 2009 [November 8th, 2009]
- A Future Timeline for Economics - November 8th, 2009 [November 8th, 2009]
- A History of Stock Market Bottoms - November 8th, 2009 [November 8th, 2009]
- A Few Electoral Statistics - November 8th, 2009 [November 8th, 2009]
- It's Official : The Recession Began in December 2007 - November 8th, 2009 [November 8th, 2009]
- How We Decisively WON in Iraq in 2008 - November 8th, 2009 [November 8th, 2009]
- 2008 Technology Breakthrough Roundup - November 8th, 2009 [November 8th, 2009]
- The Futurist's Stock Portfolio for 2008 - RESULTS - November 8th, 2009 [November 8th, 2009]
- Why Government is Set to Extinguish Silicon Valley - November 8th, 2009 [November 8th, 2009]
- Solar Power's Next 5 Game-Changing Technologies - November 8th, 2009 [November 8th, 2009]
- The End of Rabbit Ears, a Billion more Broadband Users - Part II - November 8th, 2009 [November 8th, 2009]
- Guantanamo Meets Geneva Convention Rules - November 8th, 2009 [November 8th, 2009]
- Nanotechnology : Bubble, Bust, ....Boom? - November 8th, 2009 [November 8th, 2009]
- The Form of Economic Recovery - November 8th, 2009 [November 8th, 2009]
- The Impact of Computing : 78% More per Year, v2.0 - November 8th, 2009 [November 8th, 2009]
- Wolfram Alpha : The Birth of Web 3.0 - November 8th, 2009 [November 8th, 2009]
- Energy vs. Financials, RESULTS - November 8th, 2009 [November 8th, 2009]
- SETI and the Singularity - November 8th, 2009 [November 8th, 2009]
- Eight Ways to Supercharge the US Economy - November 8th, 2009 [November 8th, 2009]
- The Next Big Thing in Entertainment, A Half-Time Update - November 8th, 2009 [November 8th, 2009]
- Video Conferencing : A Cascade of Disruptions - November 8th, 2009 [November 8th, 2009]
- Timing the Singularity - November 8th, 2009 [November 8th, 2009]
- Mobile Broadband Surge : A Prediction Follow Up - November 8th, 2009 [November 8th, 2009]
- The Next Two US Recessions - November 8th, 2009 [November 8th, 2009]
- Google Promotes Droid Day With Rare Homepage Ad [Google] - November 8th, 2009 [November 8th, 2009]
- Microsoft Confirms Improved Xbox 360 Warranty Seal [Blockquote] - November 8th, 2009 [November 8th, 2009]
- OpenOfficeMouse Is An 18 Button Freak, But I Want It [Mouse] - November 8th, 2009 [November 8th, 2009]
- 10 Classic Analog Games Defiled By Digital [Tgif] - November 8th, 2009 [November 8th, 2009]
- Wire Your House With Ethernet Cable For Better Home Networking [DIY] - November 8th, 2009 [November 8th, 2009]
- The Next Room Eavesdropping Device Is Way Better Than a Drinking Glass [Surveillance] - November 8th, 2009 [November 8th, 2009]
- Steve Jobs and Sarah Jessica Parker Sittin' In A Courthouse B-E-I-N-G S-U-E-D [Lawsuits] - November 8th, 2009 [November 8th, 2009]
- The Folding Titanium Spork Is the Ultimate Portable Eating Utensil [Spork] - November 8th, 2009 [November 8th, 2009]
- The Queen of Google: "I Do Code All Night!" [Google] - November 8th, 2009 [November 8th, 2009]
- This Week's Best iPhone Apps [IPhone Apps] - November 8th, 2009 [November 8th, 2009]
- DIY Star Trek Bluetooth Communicator Almost Makes Regular Bluetooth Headsets Look Stylish [DIY] - November 8th, 2009 [November 8th, 2009]
- Intel Swears That It's Gonna Stop Its Firmware From Bricking Any More SSDs [Intel] - November 8th, 2009 [November 8th, 2009]
- H20 Audio's Waterproof iPod Nano Case Is Built for Surfer-Videographers [Accessories] - December 12th, 2009 [December 12th, 2009]