Azeem Azhar
๐ค SpeakerAppearances Over Time
Podcast Appearances
But let's unpick some of the...
The points that you raised, you talked about Eric Brynjolfsson's paper.
You've also talked about this idea of managers becoming more risk averse.
And if you're more risk averse, taking on board a millennial who might need their kombucha and early break on a Friday afternoon to go for a meditative stroll is higher risk than whipping the corporate wage slave in their 50s for another few hours in the week.
That's a decent picture.
But the other thing that you drew up was just how complicated and multi-factor labor markets are.
And one of the things that strikes me about labor markets is that there are so many forces at play from interest rates to the effect of the pandemic to
political uncertainty impacting how long bosses are willing to make investments for, that it's really difficult to unpick those causes.
And the starting point for that needs to be the data that you can look at and that you can make sense of.
So we would typically go off and use BLS data or similar data like that in the United Kingdom or Yale University has their budget lab and they run surveys.
What is the way that you look at to make sense of what workers are doing and what hirers are doing?
So give me a sense of the sense, the sensing that you're doing the data that you're gathering.
I mean, how do you do that?
What are you going to show us?
Are you going to show me because you've crawled LinkedIn and you've figured out how many customer service reps there are at United Airlines compared to field engineers?
And that gives us a number or is it not as granular as that?
Or is it more comprehensive than that?
So let's get a sense of then go back to what we really think is happening.
You talked about the Brynjolfsson paper.
The Brynjolfsson paper was something that came out in the summer.