3 ms·
> It's not like COVID increased overall world demand relative to 2019. Didn't it? Transition to remote work not only nudged a lot of people to buy stuff, but o
by golergka 5y ago
> It's not like COVID increased overall world demand relative to 2019.
Didn't it? Transition to remote work not only nudged a lot of people to buy stuff, but opened a lot of jobs that were previously only available in US/Europe to people all around the globe, radically increasing their disposable incomes. I don't know how big of an effect it is so far — probably limited to our industry. But I don't think it's going to be this way just because of how much of an economic advantage is it to anyone except US/Europe white collar workers.
- kybernetyk 5y agoRemote work is only a minuscule part of the overall economy. Most people can’t just transition to remote work as they need to be on site.
- hef19898 5y agoThat change in demand would at most show in some fraction of a percentage point in the overall picture. If at all.
- intended 5y agoIt changed demand. So some items increased in popularity.