<
https://www.nytimes.com/2021/04/21/technology/welcome-to-the-yolo-economy.html>
"Something strange is happening to the exhausted, type-A millennial workers of
America. After a year spent hunched over their MacBooks, enduring back-to-back
Zooms in between sourdough loaves and Peloton rides, they are flipping the
carefully arranged chessboards of their lives and deciding to risk it all.
Some are abandoning cushy and stable jobs to start a new business, turn a side
hustle into a full-time gig or finally work on that screenplay. Others are
scoffing at their bosses’ return-to-office mandates and threatening to quit
unless they’re allowed to work wherever and whenever they want.
They are emboldened by rising vaccination rates and a recovering job market.
Their bank accounts, fattened by a year of stay-at-home savings and soaring
asset prices, have increased their risk appetites. And while some of them are
just changing jobs, others are stepping off the career treadmill altogether.
If this movement has a rallying cry, it’s “YOLO” — “you only live once,” an
acronym popularized by the rapper Drake a decade ago and deployed by cheerful
risk-takers ever since. The term is a meme among stock traders on Reddit, who
use it when making irresponsible bets that sometimes pay off anyway. (This
year’s GameStop trade was the archetypal YOLO.) More broadly, it has come to
characterize the attitude that has captured a certain type of bored office
worker in recent months."
Via Dewayne Hendricks and Dave Farber.
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
