#17 - Post-COVID Trends
During 2020 the world was shaken to its core. However, every crisis has also its opportunities and disruptive ideas. I collected and curated the ones that will likely outlast the pandemic. As the world is getting back on its feet, there has never been a better time to start a business.
Home delivered food became a norm during the pandemic. The 4 food delivery market leaders in the U.S. increased their revenue over 2x (even though their profitability is still questionable).
However, people are now used to getting restaurant-quality food to their doorsteps in 15-30 minutes. The demand will stay high even post-COVID.
The new decade will require a new set of skills: data analysis & visualization, no code/low code, automation, machine learning and cybersecurity are among the core skills that many employees will be expected to handle (at least on a basic level) during the next 5-10 years.
Many are also fed up with the obscene tuition fees that many universities charge. The no-degree programs are a part-answer to this. They are built on the fact that all materials are already online or that core subjects can be taught at a fraction of the cost when compared to traditional education.
Work will never be the same again. Work and location will unbundle: countries will compete for the best remote talent.
Work-from-home kits make it easy to furnish a home office.
Talent marketplaces enable employees to work flexibly for multiple employers at the same time. Pay varies from $35/h to $200/h depending on the project, experience and the client.
Talent marketplaces will become a focal point of human resources management in the future. They also allow people not to be reliant on only one source of income.
More platforms here. The catch is that the professional platforms usually have a vetting process and typically only let 1-10% of the best talent in.
In the future most companies will maintain a small core workforce and hire the rest of the talent on-demand. And not just individual talent: it's already possible to build entire teams on-demand as well.
Traditional gyms have weaknesses: they are usually packed with people, vulnerable to shutdowns during a pandemic and always located at a distance.
Remote fitness solves those problems. You can exercise when it fits your schedule and from the comfort of your home.
While people will unlikely abandon traditional gyms completely, 75% of people say that they will retain a virtual component in their training even after the crisis.
Thanks for reading. See you next week!