Part 6/10:
From an employer’s standpoint, the move toward remote work has led to cost-saving measures, such as downsizing office space—particularly in prime city locations like Sydney and Melbourne. The possibility looms that if employees are no longer required in the physical workplace, they might be lured overseas where the cost of living and wages are lower, especially with AI poised to replace many jobs.
An illustrative example cited is Mike Cannon Brooks of Atlassian, who recently laid off a significant portion of his workforce, illustrating a growing trend toward automation and AI substitution. This shift raises concerns that workers might need to consider relocating or risk losing their jobs to machines.