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!

All of these innovations are only going to make it easier for people to live and work fluidly around the world. And I strongly believe that an increasing number of people will take advantage of it. But now the hard part: What does this mean for cities, real estate, and everything else?

Cover photo by Random Institute on Unsplash