In my opinion, digital nomadism is a growing trend for at least two reasons: 1) people like traveling (it's more fun than sitting in an office cubicle) and 2) technology keeps making it easier to work in a decentralized way.
This is not a new phenomenon, but it's a growing one. In 2020, it was estimated that there were ~11 million so-called digital nomads in the world. This year it's somewhere around 40 million people. And it's hard to imagine this trend reversing.
Let's consider what's happening on the technology side. This week at Google I/O, the company announced a lot of AI-powered tech in the hopes of not becoming extinct as a result of it. And one of these things was a new 3D video communication platform called Google Beam.
Two things are really neat about this tool. One, it uses some AI volumetric video model to make the person in front of you appear in full 3D. So it's closer to real life. And two, it does real-time language translations. Here's a video of it in action:
In watching this, my mind immediately went to "this is going to make it even easier for people to work from Bogotá." It also collapses the world. Now we can all speak to each other regardless of language.
Imagine, for example, being able to participate in a community meeting for a new development project in Bogotá. You could be at home speaking in English and the community could be yelling at you in Spanish. That's powerful.
There's also speculation that Apple will be adding real-time translations to its AirPods later this year. Meaning, you won't need to hide behind layers of screens and technologies. You'll be able to get yelled at in person!
I received an email this week from a senior real estate executive who was sharing the fact that, in response to COVID, he had decided to give up driving completely. He was now cycling everywhere -- whether for work or for personal errands. And it was doing wonders for his health and his overall well-being.
Indeed, this feels like some sort of golden era for urban cycling. Back in May I wrote about how Toronto City Council had just approved the largest ever one-year expansion of bike lanes. Some 40 km. When have we ever moved this quickly and without months (okay, years) of painful debate? Probably never.
Of course, it's not just Toronto. This is happening all over the world. Here are some of the numbers (taken from this recent Journal article):
Paris added 400 miles of pop-up bike lanes across the region -- all of which didn't exist before the pandemic - some of the streets being tracked have seen a doubling in usage
Oakland closed almost 10% of its streets to cars