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The 40-Hour Week Is About To Change Forever | Logically Answered


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The 40Hour Week Is About To Change Forever

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Remote work has led to a lot of people working a lot less at least in terms of hours. In terms of productivity, however,it seems like the modern economy is actually more productive than ever before. This might seem counterintuitive but there’s a good explanation for this. For one, when people work from home, they’re not held accountable for a certain number of hours but instead for a certain result. So, employees become more resultoriented leading to more efficient progress. Moreover, at home, employees actually have the time to take time off as soon as they finish their work. Inperson, they have to stay at work regardless of when they finish their work for the day. Looking back at history though, this is nothing new. Back in the early 1900s, Henry Ford cut working hours from 120 to just 40 which not only led to an insane rise in productivity but it led to more people being able to afford and spend time on cars. The same argument could be made for tech companies. If they set a new standard in terms of working hours, they could bring down regular hours across the globe leading to more time being spent on their platforms. This video explains the fascinating reasons why working less would actually leave tech companies better off.

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Timestamps:

0:00People Work Less
1:57The Logical Argument
4:59The Historical Argument
8:13The Cynical Argument

Resources:

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Disclaimer:

This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.
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Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out.

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