Welcome To The YOLO Economy

“To some extent, we’re seeing a year’s worth of big life changes starting to accelerate now.”

A curious side effect of remote work over the past year may reinvent the future of the economy in a rather surprising way as more people consider or pull the trigger on leaving their safe yet overly demanding jobs. A NY Times feature dubbed this effect “the YOLO Economy” and suggested that one effect of the pandemic may be people getting the inspiration they needed to do what they always wanted.

Beyond inspiring more entrepreneurship, the article suggests that the past year also gave employees a clear picture of just how much their employers care (or don't care) about their overall well-being. And the ones that failed to show up will be the first ones abandoned.