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For companies like Amazon there must be a huge element of the sunk cost fallacy coming into play. I'm sure they have spent hundreds of millions on office locati
by VBprogrammer 5y ago
For companies like Amazon there must be a huge element of the sunk cost fallacy coming into play. I'm sure they have spent hundreds of millions on office locations around the world. To suddenly decide that these are completely unnecessary would be a bold move, and there is unlikely to be a queue of people rushing to lease or buy unused office space in the immediate future.
- Pokepokalypse 5y ago>To suddenly decide that these are completely unnecessary Not a very bold move for the world's largest cloud provider.
- VBprogrammer 5y agoIf I understand your point, you are saying that Amazon has virtually made the data centre redundant, so the idea that offices are similarly redundant given the right tools shouldn't come as too much of a surprise to them? I take that point but let me counter that there is presumably a sliding scale here between "traditional office space is redundant" and "when the dust settles everyone will be back at their cubicles". The majority of people, and the companies they work for, are probably somewhere in the middle. However, even if Amazon are 100% convinced their office space is now redundant, it is probably, from a game theory type point of view, not in their best interests to publicly declare that position. Because to do so would only weaken the value of their existing office spaces.