This report addresses: Geoffrey Hinton's AI Concerns

These are the 4 jobs that are set to disappear in a decade, and the ones that will take over

May 6, 2023, 10:00 AM UTC
A fax machine was memorably dispatched in the classic workplace comedy "Office Space."
Getty Images

If you’re concerned about ChatGPT and artificial intelligence snapping up your job, you’re far from the only one.

“How do we survive that?” Hinton asks.}

The WEF argues what’s becoming quite clear: Time is running out now for millions of roles, especially those trying to resist digital transformation, before they go the way of the fax machine.

Throughout his career, Yoshua’s research has been instrumental in shaping the world’s understanding of AI’s potential—and that same expertise has made his perspective more essential than ever.

Yoshua has been concerned for many years with the social impact of artificial intelligence, contributing to the Montreal Declaration for the Responsible Development of AI.

Google seeks to fix fairness in AI technology

By Tara Deschamps, The Canadian Press, Toronto

Automation / Robotics Electronics AI artificial intelligence Google Technology

But artificial intelligence still has biases echoed by society

An artificial intelligence researcher at Google says fixing fairness in the technology “isn’t a simple thing,” but the world has an opportunity to get it right as the software explodes in popularity.

Advertisement

Geoffrey Hinton, the British-Canadian computer scientist widely considered the `godfather of AI’, is so concerned with the technology he left Google so he can more freely discuss the dangers, which he has said include bias and discrimination, joblessness, echo chambers, fake news, battle robots and existential risk.

This report addresses: Geoffrey Hinton's AI Concerns

Title:

Content: These are the 4 jobs that are set to disappear in a decade, and the ones that will take over

May 6, 2023, 10:00 AM UTC
A fax machine was memorably dispatched in the classic workplace comedy "Office Space."
Getty Images

If you’re concerned about ChatGPT and artificial intelligence snapping up your job, you’re far from the only one. Millions of jobs could be going away, according to a huge new report on the “Future of Jobs” by the World Economic Forum, the nonprofit that made Davos famous. That’s the bad news, of course. The good news is that most workers are safe (in the near term).

These artificial intelligence inventions don’t rival human ingenuity—although their capacity to grow more intelligent than humans is real. Geoffrey Hinton, the scientist nicknamed “the godfather of A.I.,” recently resigned from Google and started airing his concerns about the tech’s breathtaking potential. (Did you know that humans have roughly 86 billion neurons in our skulls, but ChatGPT already has between 500 billion and one trillion connections? “How do we survive that?” Hinton asks.}

The WEF argues what’s becoming quite clear: Time is running out now for millions of roles, especially those trying to resist digital transformation, before they go the way of the fax machine.

By 2027, the WEF projects, nearly 70 million new jobs will be created worldwide and 83 million will be eliminated. That constitutes a reduction in employment of 14 million jobs, or 2% of the global workforce.

In order to avoid being one of those 14 million workers stuck without work, you’ll want to take one of today’s fastest-growing roles—driven by technology, digitalization and sustainability.

The jobs of the future (according to Davos)

Unsurprisingly, the majority of the fastest-growing jobs are tech-related. A.I. and Machine Learning Specialists top the WEF’s list, followed by Sustainability Specialists, Business Intelligence Analysts and Information Security Specialists.

As the world gradually moves towards renewable energy, Architects and Surveyors, Renewable Energy Engineers, and Solar Energy Installation and System Engineers will also be high-growth roles, WEF found.

These findings dovetail with WEF’s assertion that the top three skills that will become most important over the next five years are creative thinking, analytical thinking, and technological literacy—none of which can be automated. And employers’ desire for these skills shows the continual importance of complex problem-solving, WEF wrote.

On the other side of the coin, the fastest-declining roles are also driven down by the advent of tech and automation. The majority of those roles are clerical, administrative or secretarial. WEF expects four in particular to decline the fastest: Bank Tellers, Postal Service Clerks, Cashiers and Ticket Clerks and Data Entry Clerks.

And even if your job isn’t on this list, you may not be immune. Nearly a quarter of all professions—even the ones that won’t grow or shrink dramatically—will change some way, somehow, as a result of A.I. and digitization over the next five years, WEF says.

Jobs on the rise

In collaboration with LinkedIn, the WEF tabulated the 100 roles that have grown fastest, consistently and globally, since 2018.

Sixteen of the top 100 jobs on the list called “Jobs on the Rise” are in tech and IT. Sales and customer engagement-related jobs, however, take the cake, with 22 of the 100 roles. That suggests an increasing focus on broadening customer groups during a time of rapid technological advancement.

Also prominently featured: HR and talent acquisition roles, including a specific spot for “Information Technology Recruitment.” Perhaps, WEF writes, that illustrates “the increasing difficulty and importance of accessing talent in a generally strong labor market.”

One job title—workplace coordinator—has grown 39% since 2018 on LinkedIn’s job boards, which might indicate companies are struggling to ease into functional and satisfactory hybrid work arrangements

Luckily for workers, even those in industries that WEF predicts will shrink, with some tech upskilling, they have the upper hand. Dan Shapero, chief operating officer of LinkedIn, told Fortune he doesn’t believe the power is shifting back to bosses anytime soon. “The long-term trend, I think, is pretty clear,” he said.

“Employers are still having difficulty finding the people they need, even in the current labor market,” he said. “[That’s] because the long-term trend towards your technical skills is just undeniable, and we can’t keep up with it.”

Subscribe to Well Adjusted, our newsletter full of simple strategies to work smarter and live better, from the Fortune Well team. Sign up today.

Read More

Great ResignationCompensationReturn to WorkCareersLaborSuccess Stories

What risks did Hinton associate with AI's rapid advancement?

What risks did Hinton associate with AI's rapid advancement?

Title:

Content: Yoshua Bengio

1 minute read
By Geoffrey Hinton

Yoshua Bengio is a world leader in AI. Throughout his career, Yoshua’s research has been instrumental in shaping the world’s understanding of AI’s potential—and that same expertise has made his perspective more essential than ever. His pioneering research on deep learning laid the foundations for the current revolution in AI and earned him the 2018 Turing Award—“the Nobel Prize of Computing”—alongside myself and Yann LeCun. Last year, Yoshua received Canada’s highest award for research, the Gerhard Herzberg Canada Gold Medal. He is the computer scientist with the greatest number of citations and is ranked third among all disciplines for scientific impact.

Yoshua has been concerned for many years with the social impact of artificial intelligence, contributing to the Montreal Declaration for the Responsible Development of AI. Over the past year, worried by the potential for catastrophic outcomes from future AI, he was vocal in global conversations on AI safety. He advised the U.N. Secretary-General and the U.K. AI Safety Institute, and took part in policy discussions with governments in North America, Asia, and Europe.

Hinton is a cognitive psychologist and computer scientist

More Must-Reads From TIME

Contact us at letters@time.com

Title:

Content: Google seeks to fix fairness in AI technology

By Tara Deschamps, The Canadian Press, Toronto

Automation / Robotics Electronics AI artificial intelligence Google Technology

But artificial intelligence still has biases echoed by society

An artificial intelligence researcher at Google says fixing fairness in the technology “isn’t a simple thing,” but the world has an opportunity to get it right as the software explodes in popularity.

“It’s as though we have been given a second chance on how we use this technology to dismantle some of the biases we see in society,” Komal Singh, a senior product manager at the tech goliath, said in a Tuesday media briefing in Toronto.

Her optimism comes as the tech sector – and nearly every other industry – have spent the year abuzz about AI’s promise and perils.

Source: Getty Images

Some see the technology as a game changer bound to disrupt everyday life and bring expediency, efficiency and solutions to some of the globe’s biggest challenges. Others, including Tesla owner Elon Musk and Apple co-founder Steve Wozniak, warn advances in the technology are moving too fast and guardrails are needed before wide-scale deployments.

Advertisement

Geoffrey Hinton, the British-Canadian computer scientist widely considered the `godfather of AI’, is so concerned with the technology he left Google so he can more freely discuss the dangers, which he has said include bias and discrimination, joblessness, echo chambers, fake news, battle robots and existential risk. Singh acknowledged AI is not without risks. She’s even seen them firsthand. For example, she said if you ask an AI model to generate an image of a nurse it will often return a woman, while a request for an image of a CEO typically brings up a white man and a query for a software engineer delivers racialized men.

A lot needs to happen to fix the fairness

“In a nutshell, I think the takeaway is a lot needs to happen to fix the fairness problem,” Singh said.

At Google, some of that work has come from studying skin tones because dark and medium tones often can’t be deciphered by computer vision systems, which allow computers to “see and understand” images of people and environments.

“This is problematic because a lot of the social disparities around colourism then get populated into social technical systems, which then end up reinforcing them,” Singh said.

To break the cycle, Google partnered with Harvard University professor, Dr. Ellis Monk to design an open-source skin tone scale that can better detect darker tones and be used by AI models to reduce biases. It’s already been deployed within its camera detection technology, on Pixel phones and in search tools, helping to diversify results so keywords bring up a range of skin tones and hair textures. The company also has a project called Media Understanding for Social Exploration, which studied 12 years of American television shows to analyze representation across skin tones.

Racing to develop and launch the most advanced technology

Their findings were “stark,” Singh said. Over the past 12 years, there was a slight increase in the screen time given to those with dark and medium skin tones, while the amount of time those with lighter skin spent on screen was slightly lower. Such work comes at a pivotal time for AI. Top tech companies are racing to develop and launch the most advanced technology, competing with one another for billions of dollars pouring into the industry.

In Canada, Google estimates generative AI could increase the economy by $210 billion and save the average worker over 100 hours a year. Google leaders accompanying Singh said they’re already using AI to improve breast cancer detection, sequence genomes and develop systems that medical clinicians can plug questions into to generate health guidance. E-commerce giant Shopify Inc. is using the technology to reduce search abandonment, while Canadian National Railway Co. is building a digital supply chain platform with automated shipment tracking, Google workers said.

At Google, AI underpins the company’s search engine, maps and cloud storage and is the basis for Bard, its rival product to ChatGPT, that has yet to launch in Canada. Sam Sebastian, the head of Google Cloud’s Canadian operations, promised it would make its Canadian debut “very soon,” but offered no specific timeline. Instead, he discussed his overall outlook on AI, saying it was a technological shift unlike anything he’s seen in his 25 years working in the industry.

“The only thing close to it is the advent of the mobile phone,” he said.

The transformative nature means anyone in the space needs to balance AI’s potential with its risks, he said. For its part, Google has committed to abide by a series of principles as it delves deeper into AI. It has so far promised not to design or deploy AI technologies that cause or are likely to harm, including weapons or systems used to inflict injuries. It also says it will not work on AI-based “surveillance violating internationally accepted norms” or systems which will contravene laws and human rights.

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What did Hinton, the renowned British-Canadian expert reveal about AI that caused widespread concern?

Exposed serious AI risks, shocking the tech world and affecting major company stocks.

What does Hinton warn could happen to AI if companies and regulators fail to implement effective rules and controls?

What risks did Hinton associate with AI's rapid advancement?

Why did Hinton leave Google when he helped develop AI but later grew concerned about its dangers?


This report addresses: Geoffrey Hinton's AI Concerns

These are the 4 jobs that are set to disappear in a decade, and the ones that will take over

May 6, 2023, 10:00 AM UTC
A fax machine was memorably dispatched in the classic workplace comedy "Office Space."
Getty Images

If you’re concerned about ChatGPT and artificial intelligence snapping up your job, you’re far from the only one.

“How do we survive that?” Hinton asks.}

The WEF argues what’s becoming quite clear: Time is running out now for millions of roles, especially those trying to resist digital transformation, before they go the way of the fax machine.

Throughout his career, Yoshua’s research has been instrumental in shaping the world’s understanding of AI’s potential—and that same expertise has made his perspective more essential than ever.

Yoshua has been concerned for many years with the social impact of artificial intelligence, contributing to the Montreal Declaration for the Responsible Development of AI.

Google seeks to fix fairness in AI technology

By Tara Deschamps, The Canadian Press, Toronto

Automation / Robotics Electronics AI artificial intelligence Google Technology

But artificial intelligence still has biases echoed by society

An artificial intelligence researcher at Google says fixing fairness in the technology “isn’t a simple thing,” but the world has an opportunity to get it right as the software explodes in popularity.

Advertisement

Geoffrey Hinton, the British-Canadian computer scientist widely considered the `godfather of AI’, is so concerned with the technology he left Google so he can more freely discuss the dangers, which he has said include bias and discrimination, joblessness, echo chambers, fake news, battle robots and existential risk.

This report addresses: Geoffrey Hinton's AI Concerns

Title:

Content: These are the 4 jobs that are set to disappear in a decade, and the ones that will take over

May 6, 2023, 10:00 AM UTC
A fax machine was memorably dispatched in the classic workplace comedy "Office Space."
Getty Images

If you’re concerned about ChatGPT and artificial intelligence snapping up your job, you’re far from the only one. Millions of jobs could be going away, according to a huge new report on the “Future of Jobs” by the World Economic Forum, the nonprofit that made Davos famous. That’s the bad news, of course. The good news is that most workers are safe (in the near term).

These artificial intelligence inventions don’t rival human ingenuity—although their capacity to grow more intelligent than humans is real. Geoffrey Hinton, the scientist nicknamed “the godfather of A.I.,” recently resigned from Google and started airing his concerns about the tech’s breathtaking potential. (Did you know that humans have roughly 86 billion neurons in our skulls, but ChatGPT already has between 500 billion and one trillion connections? “How do we survive that?” Hinton asks.}

The WEF argues what’s becoming quite clear: Time is running out now for millions of roles, especially those trying to resist digital transformation, before they go the way of the fax machine.

By 2027, the WEF projects, nearly 70 million new jobs will be created worldwide and 83 million will be eliminated. That constitutes a reduction in employment of 14 million jobs, or 2% of the global workforce.

In order to avoid being one of those 14 million workers stuck without work, you’ll want to take one of today’s fastest-growing roles—driven by technology, digitalization and sustainability.

The jobs of the future (according to Davos)

Unsurprisingly, the majority of the fastest-growing jobs are tech-related. A.I. and Machine Learning Specialists top the WEF’s list, followed by Sustainability Specialists, Business Intelligence Analysts and Information Security Specialists.

As the world gradually moves towards renewable energy, Architects and Surveyors, Renewable Energy Engineers, and Solar Energy Installation and System Engineers will also be high-growth roles, WEF found.

These findings dovetail with WEF’s assertion that the top three skills that will become most important over the next five years are creative thinking, analytical thinking, and technological literacy—none of which can be automated. And employers’ desire for these skills shows the continual importance of complex problem-solving, WEF wrote.

On the other side of the coin, the fastest-declining roles are also driven down by the advent of tech and automation. The majority of those roles are clerical, administrative or secretarial. WEF expects four in particular to decline the fastest: Bank Tellers, Postal Service Clerks, Cashiers and Ticket Clerks and Data Entry Clerks.

And even if your job isn’t on this list, you may not be immune. Nearly a quarter of all professions—even the ones that won’t grow or shrink dramatically—will change some way, somehow, as a result of A.I. and digitization over the next five years, WEF says.

Jobs on the rise

In collaboration with LinkedIn, the WEF tabulated the 100 roles that have grown fastest, consistently and globally, since 2018.

Sixteen of the top 100 jobs on the list called “Jobs on the Rise” are in tech and IT. Sales and customer engagement-related jobs, however, take the cake, with 22 of the 100 roles. That suggests an increasing focus on broadening customer groups during a time of rapid technological advancement.

Also prominently featured: HR and talent acquisition roles, including a specific spot for “Information Technology Recruitment.” Perhaps, WEF writes, that illustrates “the increasing difficulty and importance of accessing talent in a generally strong labor market.”

One job title—workplace coordinator—has grown 39% since 2018 on LinkedIn’s job boards, which might indicate companies are struggling to ease into functional and satisfactory hybrid work arrangements

Luckily for workers, even those in industries that WEF predicts will shrink, with some tech upskilling, they have the upper hand. Dan Shapero, chief operating officer of LinkedIn, told Fortune he doesn’t believe the power is shifting back to bosses anytime soon. “The long-term trend, I think, is pretty clear,” he said.

“Employers are still having difficulty finding the people they need, even in the current labor market,” he said. “[That’s] because the long-term trend towards your technical skills is just undeniable, and we can’t keep up with it.”

Subscribe to Well Adjusted, our newsletter full of simple strategies to work smarter and live better, from the Fortune Well team. Sign up today.

Read More

Great ResignationCompensationReturn to WorkCareersLaborSuccess Stories

What risks did Hinton associate with AI's rapid advancement?

What risks did Hinton associate with AI's rapid advancement?

Title:

Content: Yoshua Bengio

1 minute read
By Geoffrey Hinton

Yoshua Bengio is a world leader in AI. Throughout his career, Yoshua’s research has been instrumental in shaping the world’s understanding of AI’s potential—and that same expertise has made his perspective more essential than ever. His pioneering research on deep learning laid the foundations for the current revolution in AI and earned him the 2018 Turing Award—“the Nobel Prize of Computing”—alongside myself and Yann LeCun. Last year, Yoshua received Canada’s highest award for research, the Gerhard Herzberg Canada Gold Medal. He is the computer scientist with the greatest number of citations and is ranked third among all disciplines for scientific impact.

Yoshua has been concerned for many years with the social impact of artificial intelligence, contributing to the Montreal Declaration for the Responsible Development of AI. Over the past year, worried by the potential for catastrophic outcomes from future AI, he was vocal in global conversations on AI safety. He advised the U.N. Secretary-General and the U.K. AI Safety Institute, and took part in policy discussions with governments in North America, Asia, and Europe.

Hinton is a cognitive psychologist and computer scientist

More Must-Reads From TIME

Contact us at letters@time.com

Title:

Content: Google seeks to fix fairness in AI technology

By Tara Deschamps, The Canadian Press, Toronto

Automation / Robotics Electronics AI artificial intelligence Google Technology

But artificial intelligence still has biases echoed by society

An artificial intelligence researcher at Google says fixing fairness in the technology “isn’t a simple thing,” but the world has an opportunity to get it right as the software explodes in popularity.

“It’s as though we have been given a second chance on how we use this technology to dismantle some of the biases we see in society,” Komal Singh, a senior product manager at the tech goliath, said in a Tuesday media briefing in Toronto.

Her optimism comes as the tech sector – and nearly every other industry – have spent the year abuzz about AI’s promise and perils.

Source: Getty Images

Some see the technology as a game changer bound to disrupt everyday life and bring expediency, efficiency and solutions to some of the globe’s biggest challenges. Others, including Tesla owner Elon Musk and Apple co-founder Steve Wozniak, warn advances in the technology are moving too fast and guardrails are needed before wide-scale deployments.

Advertisement

Geoffrey Hinton, the British-Canadian computer scientist widely considered the `godfather of AI’, is so concerned with the technology he left Google so he can more freely discuss the dangers, which he has said include bias and discrimination, joblessness, echo chambers, fake news, battle robots and existential risk. Singh acknowledged AI is not without risks. She’s even seen them firsthand. For example, she said if you ask an AI model to generate an image of a nurse it will often return a woman, while a request for an image of a CEO typically brings up a white man and a query for a software engineer delivers racialized men.

A lot needs to happen to fix the fairness

“In a nutshell, I think the takeaway is a lot needs to happen to fix the fairness problem,” Singh said.

At Google, some of that work has come from studying skin tones because dark and medium tones often can’t be deciphered by computer vision systems, which allow computers to “see and understand” images of people and environments.

“This is problematic because a lot of the social disparities around colourism then get populated into social technical systems, which then end up reinforcing them,” Singh said.

To break the cycle, Google partnered with Harvard University professor, Dr. Ellis Monk to design an open-source skin tone scale that can better detect darker tones and be used by AI models to reduce biases. It’s already been deployed within its camera detection technology, on Pixel phones and in search tools, helping to diversify results so keywords bring up a range of skin tones and hair textures. The company also has a project called Media Understanding for Social Exploration, which studied 12 years of American television shows to analyze representation across skin tones.

Racing to develop and launch the most advanced technology

Their findings were “stark,” Singh said. Over the past 12 years, there was a slight increase in the screen time given to those with dark and medium skin tones, while the amount of time those with lighter skin spent on screen was slightly lower. Such work comes at a pivotal time for AI. Top tech companies are racing to develop and launch the most advanced technology, competing with one another for billions of dollars pouring into the industry.

In Canada, Google estimates generative AI could increase the economy by $210 billion and save the average worker over 100 hours a year. Google leaders accompanying Singh said they’re already using AI to improve breast cancer detection, sequence genomes and develop systems that medical clinicians can plug questions into to generate health guidance. E-commerce giant Shopify Inc. is using the technology to reduce search abandonment, while Canadian National Railway Co. is building a digital supply chain platform with automated shipment tracking, Google workers said.

At Google, AI underpins the company’s search engine, maps and cloud storage and is the basis for Bard, its rival product to ChatGPT, that has yet to launch in Canada. Sam Sebastian, the head of Google Cloud’s Canadian operations, promised it would make its Canadian debut “very soon,” but offered no specific timeline. Instead, he discussed his overall outlook on AI, saying it was a technological shift unlike anything he’s seen in his 25 years working in the industry.

“The only thing close to it is the advent of the mobile phone,” he said.

The transformative nature means anyone in the space needs to balance AI’s potential with its risks, he said. For its part, Google has committed to abide by a series of principles as it delves deeper into AI. It has so far promised not to design or deploy AI technologies that cause or are likely to harm, including weapons or systems used to inflict injuries. It also says it will not work on AI-based “surveillance violating internationally accepted norms” or systems which will contravene laws and human rights.

Advertisement

Stories continue below

Print this page

Related Stories

What did Hinton, the renowned British-Canadian expert reveal about AI that caused widespread concern?

Exposed serious AI risks, shocking the tech world and affecting major company stocks.

What does Hinton warn could happen to AI if companies and regulators fail to implement effective rules and controls?

What risks did Hinton associate with AI's rapid advancement?

Why did Hinton leave Google when he helped develop AI but later grew concerned about its dangers?


This report addresses: Digital Nomads

"As part of the onboarding process for each new member, we try to understand who they are and what they're trying to achieve, and the community at each of our facilities is great at helping people to meet new people, learn how the system works, and so on."

HSBC has attempted to tap into the experience of these frequent movers as part of its Unforeign Exchange campaign, with a wide range of people who move frequently for work and pleasure providing tips on how they have managed to make the process a success.

"Home is a psychological state as much as a physical place, defined by a sense of belonging – a feeling of being an accepted part of a larger community."

Among the various suggestions Cohen makes, most revolve around the power of community, both to provide people with a support network to help during the transition but also to help to understand and integrate with the local community.

Spain leads the way

For UK nationals seeking relocation for a better quality of life, one country stands out as the preferred destination for remote work, with 22 per cent choosing Spain as their first option

The United States received 19 per cent of the votes and France in third place with 13 per cent.

With 46 per cent of British professionals considering relocating for remote work, the survey sheds light on this trend.

These guys in the Russian IT community do not watch TV or listen to the state radio, preferring to get their information from internet channels and hence have a clearer picture of what is happening in Ukraine.

This is only a first wave, says the association, which expects up to 100,000 additional IT workers to leave in April.

This report addresses: Digital Nomads

This report addresses: Digital Nomads

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Fitting In Is Crucial Both When Leaving For Overseas Assignments And Returning

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In a recent article, I explored the various benefits of living abroad, both for us as human beings and also as employees. Doing so is not without its challenges, however, whether involving language difficulties, culture shocks, administrative obstacles, a lack of social contacts, or general homesickness.

A recent survey conducted by banking giant HSBC in support of its Unforeign Exchange campaign showed that it can take up to 8 months before somewhere can truly begin to feel like home, with around a quarter of respondents saying it took over a year.

Settling in

Given their extensive experience of traveling, it's perhaps not surprising that digital nomads were among those who were able to settle relatively quickly, but even they took around six months or so to feel at home.

"In our facility in Lisbon we have a large number of digital nomads because the Portuguese government has done such a great job of attracting nomads to the city, but while they're obviously experienced with traveling around, we still make an effort to help them to settle in," says Ceinwen Jarvis, Global Head of Marketing at co-working space Second Home. "As part of the onboarding process for each new member, we try to understand who they are and what they're trying to achieve, and the community at each of our facilities is great at helping people to meet new people, learn how the system works, and so on."

HSBC has attempted to tap into the experience of these frequent movers as part of its Unforeign Exchange campaign, with a wide range of people who move frequently for work and pleasure providing tips on how they have managed to make the process a success.

Creating a home

"A core challenge isn’t so much a practical matter as a psychological one – creating a home," says Geoffrey L Cohen, Stanford Professor and author of Belonging – The science of creating connection and bridging divides. "Home is a psychological state as much as a physical place, defined by a sense of belonging – a feeling of being an accepted part of a larger community."

Among the various suggestions Cohen makes, most revolve around the power of community, both to provide people with a support network to help during the transition but also to help to understand and integrate with the local community.

This latter point is worth focusing on, as there have been a number of concerns raised by natives that digital nomads in Portugal haven't really integrated at all. Instead, they form a kind of nomad bubble where they mix well with each other but seldom come into contact with native Lisbon residents.

To overcome this, Cohen highlights the power of volunteering, as this not only ensures that people mix with locals but also gains an understanding of the various issues and challenges locals face. This point was reinforced by Cohen's Stanford colleague Jeffrey Pfeffer, who showed that volunteering not only helps us build bonds with our fellow volunteers but also helps us to align our own purpose and values with that of the area and the cause.

Civic-minded

This has the potential to then become a virtuous cycle, as research from the University of Chicago shows that time spent living abroad helps to make people more civic-minded.

This manifested itself in things like volunteering, where those who had studied abroad would actually volunteer rather than merely state that volunteering was important.

“Those students who go abroad report more often actually taking the actions to participate as opposed to just believing that they should participate,” the researchers explain.

Overseas assignments

For companies sending employees on overseas assignments, however, the time required to successfully integrate is often not an option. For instance, Capgemini's FlexAboard program allows employees to relocate to another country, but only affords employees 45 days each year.

Many other overseas assignments are for specific projects or for training purposes, so can typically last between three and 12 months. While this is long enough to perhaps move beyond the "living out of a suitcase" phase, it might not be long enough to create an indelible connection to one's adopted home.

While shorter assignments may not be sufficient to truly feel at home overseas, it does nonetheless appear to impact those involved, as data from Brookfield Global Relocation Trends shows that nearly 40% of returnees leave their jobs within a year of coming back home.

This discontent is driven in large part by employers often treating people the same way upon their return as they did when they left, despite the overseas assignment having changed them significantly.

Research from Mount Royal University shows that there is a general expectation among returnees that their employer will adjust the work they do to better reflect the new experience they'd gained overseas. For instance, they would be much more interested in strategic involvement and desperately want new ways to deploy the knowledge they picked up.

With data showing there is a rise in the number of employees sent on overseas assignments, it seems increasingly important not only for managers to take an active role in ensuring employees integrate successfully into their adopted community, but also to make concrete steps to ensure a better integration when they return.

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Content: Spain: Number one for remote-working Brits

Digital nomad on the beach. Credit: simona pilolla 2/Shutterstock.com

According to Nebeus’ 2023 study on remote work trends, Spain emerges as the top dream destination for UK professionals seeking a better quality of life.

With 46 per cent of British professionals considering relocating for remote work, the survey sheds light on this trend.

Remote work growing in UK

In 2023, 44 per cent of British people embraced remote work, a trend echoed globally. Not only does it trim down commuting expenses, but it also opens doors to work from new countries.

Nebeus conducted a survey of 400 UK professionals, exploring their attitudes towards remote work abroad, with a focus on financial aspects.

Spain leads the way

For UK nationals seeking relocation for a better quality of life, one country stands out as the preferred destination for remote work, with 22 per cent choosing Spain as their first option

The United States received 19 per cent of the votes and France in third place with 13 per cent. The report revealed the other placings: Portugal, 6 per cent; Southeast Asia 5 per cent and Latin America, 3 per cent.

Spain’s allure lies in its blend of tradition and modernity, warm ambiance, and relaxed lifestyle. According to the survey’s findings, the most popular Spanish regions among UK remote workers are Barcelona, 14 per cent; Valencia, 7 per cent and Madrid, 5 per cent.

Unveiling the Digital Nomad Visa

Surprisingly, 89 per cent of respondents are unaware of Spain’s Digital Nomad Visa, designed to enable remote work without changing jobs.

This lack of awareness highlights the need for better promotion of this visa, offering flexibility while enjoying Spain’s benefits and retaining UK employment.

Concerns and considerations

When contemplating a move to Spain, respondents expressed their concerns about healthcare costs, language difficulties, and the cost of living and leaving loved ones behind.

Fifty-three per cent of those who participated stated language difficulties to be their primary concern. This was a particular worry for those in Scotland and the East of England both at 62 per cent and Yorkshire, 58 per cent.

Regarding finances, 51 per cent believe their spending power would match or exceed that in the UK. Londoners, in particular, expect a higher spending power in Spain, with the cost of living in mind.

Interestingly, higher-income individuals are less inclined to move abroad, possibly due to tax considerations or job seniority. Those with mid-range salaries are the most willing to relocate for remote work.

Parents are more hesitant to work remotely abroad, concerned about their children’s wellbeing, schooling, and leaving friends behind. Non-parents are more open to the idea.

Nebeus’ survey reflects a growing interest in remote work abroad among UK professionals, emphasising the need for accurate information about digital work visas and addressing linguistic, financial, and cultural challenges.

As the working landscape evolves, remote work is becoming an increasingly viable option, reshaping careers and lifestyles.

Thank you for taking the time to read this article. Do remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories and remember, you can also follow us on Facebook and Instagram.

What are the criteria of the top 20 digital nomad locations?

Title:

Content: In revulsion at the growing humanitarian suffering in Ukraine, some courageous Russian and Belarusian tech investors and entrepreneurs launched an international petition to oppose the war and help the victims.

Tech peers from a variety of other countries have joined the initiative.

These guys in the Russian IT community do not watch TV or listen to the state radio, preferring to get their information from internet channels and hence have a clearer picture of what is happening in Ukraine.

However, with Twitter, Facebook, and Instagram now banned by the Kremlin, the only remaining source of global social media is TikTok, the Chinese-owned platform.

According to Datareportal, the international data consultancy, TikTok attracted nearly 55m users in Russia in February 2022 and its audience is likely to grow even more, should it avoid being banned too.

Many here in Ireland will also be familiar with them as the Six Nations rugby sponsors.

Since the war in Ukraine began, triggering unprecedented international sanctions against Russia, some 50,000 to 70,000 Russian IT professionals have left their country, according to reports by the Russian Association of Electronic Communications (RAEC).

This is only a first wave, says the association, which expects up to 100,000 additional IT workers to leave in April.

According to a poll by Habr, the ubiquitous Russian technology site, one-third of Russian IT professionals are now looking for job opportunities abroad.

This makes a theoretical potential of some 600,000 tech émigrés from Russia.

Needless to say, the Ukrainian tech sector has been decimated.

It has long been one of Ireland’s, as well as other European countries, top destinations for IT outsourcing, with a talent pool of some 200,000 software developers, based on 2019 figures according to PitchBook data, the international tech investor consultancy.

Furthermore, its deep talent pool has also created a diaspora of tech professionals that help drive innovation around the world, whether in Dublin, London, Berlin, New York, or San Francisco.

Several successful start-ups and unicorns that have emerged in recent years have been the product of Ukrainian founders.

Among them are Nasdaq-listed software company, GitLab; online writing assistant, Grammarly, and B2B software company, People.ai.

EU supports for refugees

Meanwhile, the European Commission on Wednesday, last week, set out plans to ensure that the more than 3.5m refugees who have fled the Russian invasion have access to jobs, education, and housing.

There is an opportunity for Ireland to make a real impact to support the Ukrainian tech sector, as well as give a welcome to the Russian tech émigrés, who have bravely denounced the war.

Key to the support should be the government's Tech/Life Ireland initiative, but it must be given a specific focus with a dedicated personnel, website, and social media campaign to attract them to Ireland.

This is an emergency that needs urgent and dedicated action, and importantly there is strong funding support from European Commission.

The fastest-growing skills demand at present in Ireland is for top IT professionals.

The Department of Enterprise, Trade and Employment indicates that while Ireland both produces and attracts a very talented pool of tech people, the industry is continuing to grow quickly.

There is an ongoing demand for 8,000 tech professionals each year, which we currently are not able to meet.

Importantly, the department and the partners to Tech/Life Ireland — Enterprise Ireland, IDA Ireland, and the tech industry — understand the need to recruit internationally.

These contingencies are little consolation to the human cost Ukrainians are now facing.

Many start-ups and tech companies have employees that are fleeing with their families and — as surreal as it sounds in 21st century Europe — some individuals will be stepping away from their desks to pick up guns and defend their homes.

However, we can and should at least offer safe harbour with real opportunity to rebuild their lives where we can.

More in this section

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This report addresses: Digital Nomads

"As part of the onboarding process for each new member, we try to understand who they are and what they're trying to achieve, and the community at each of our facilities is great at helping people to meet new people, learn how the system works, and so on."

HSBC has attempted to tap into the experience of these frequent movers as part of its Unforeign Exchange campaign, with a wide range of people who move frequently for work and pleasure providing tips on how they have managed to make the process a success.

"Home is a psychological state as much as a physical place, defined by a sense of belonging – a feeling of being an accepted part of a larger community."

Among the various suggestions Cohen makes, most revolve around the power of community, both to provide people with a support network to help during the transition but also to help to understand and integrate with the local community.

Spain leads the way

For UK nationals seeking relocation for a better quality of life, one country stands out as the preferred destination for remote work, with 22 per cent choosing Spain as their first option

The United States received 19 per cent of the votes and France in third place with 13 per cent.

With 46 per cent of British professionals considering relocating for remote work, the survey sheds light on this trend.

These guys in the Russian IT community do not watch TV or listen to the state radio, preferring to get their information from internet channels and hence have a clearer picture of what is happening in Ukraine.

This is only a first wave, says the association, which expects up to 100,000 additional IT workers to leave in April.

This report addresses: Digital Nomads

This report addresses: Digital Nomads

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Fitting In Is Crucial Both When Leaving For Overseas Assignments And Returning

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In a recent article, I explored the various benefits of living abroad, both for us as human beings and also as employees. Doing so is not without its challenges, however, whether involving language difficulties, culture shocks, administrative obstacles, a lack of social contacts, or general homesickness.

A recent survey conducted by banking giant HSBC in support of its Unforeign Exchange campaign showed that it can take up to 8 months before somewhere can truly begin to feel like home, with around a quarter of respondents saying it took over a year.

Settling in

Given their extensive experience of traveling, it's perhaps not surprising that digital nomads were among those who were able to settle relatively quickly, but even they took around six months or so to feel at home.

"In our facility in Lisbon we have a large number of digital nomads because the Portuguese government has done such a great job of attracting nomads to the city, but while they're obviously experienced with traveling around, we still make an effort to help them to settle in," says Ceinwen Jarvis, Global Head of Marketing at co-working space Second Home. "As part of the onboarding process for each new member, we try to understand who they are and what they're trying to achieve, and the community at each of our facilities is great at helping people to meet new people, learn how the system works, and so on."

HSBC has attempted to tap into the experience of these frequent movers as part of its Unforeign Exchange campaign, with a wide range of people who move frequently for work and pleasure providing tips on how they have managed to make the process a success.

Creating a home

"A core challenge isn’t so much a practical matter as a psychological one – creating a home," says Geoffrey L Cohen, Stanford Professor and author of Belonging – The science of creating connection and bridging divides. "Home is a psychological state as much as a physical place, defined by a sense of belonging – a feeling of being an accepted part of a larger community."

Among the various suggestions Cohen makes, most revolve around the power of community, both to provide people with a support network to help during the transition but also to help to understand and integrate with the local community.

This latter point is worth focusing on, as there have been a number of concerns raised by natives that digital nomads in Portugal haven't really integrated at all. Instead, they form a kind of nomad bubble where they mix well with each other but seldom come into contact with native Lisbon residents.

To overcome this, Cohen highlights the power of volunteering, as this not only ensures that people mix with locals but also gains an understanding of the various issues and challenges locals face. This point was reinforced by Cohen's Stanford colleague Jeffrey Pfeffer, who showed that volunteering not only helps us build bonds with our fellow volunteers but also helps us to align our own purpose and values with that of the area and the cause.

Civic-minded

This has the potential to then become a virtuous cycle, as research from the University of Chicago shows that time spent living abroad helps to make people more civic-minded.

This manifested itself in things like volunteering, where those who had studied abroad would actually volunteer rather than merely state that volunteering was important.

“Those students who go abroad report more often actually taking the actions to participate as opposed to just believing that they should participate,” the researchers explain.

Overseas assignments

For companies sending employees on overseas assignments, however, the time required to successfully integrate is often not an option. For instance, Capgemini's FlexAboard program allows employees to relocate to another country, but only affords employees 45 days each year.

Many other overseas assignments are for specific projects or for training purposes, so can typically last between three and 12 months. While this is long enough to perhaps move beyond the "living out of a suitcase" phase, it might not be long enough to create an indelible connection to one's adopted home.

While shorter assignments may not be sufficient to truly feel at home overseas, it does nonetheless appear to impact those involved, as data from Brookfield Global Relocation Trends shows that nearly 40% of returnees leave their jobs within a year of coming back home.

This discontent is driven in large part by employers often treating people the same way upon their return as they did when they left, despite the overseas assignment having changed them significantly.

Research from Mount Royal University shows that there is a general expectation among returnees that their employer will adjust the work they do to better reflect the new experience they'd gained overseas. For instance, they would be much more interested in strategic involvement and desperately want new ways to deploy the knowledge they picked up.

With data showing there is a rise in the number of employees sent on overseas assignments, it seems increasingly important not only for managers to take an active role in ensuring employees integrate successfully into their adopted community, but also to make concrete steps to ensure a better integration when they return.

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Content: Spain: Number one for remote-working Brits

Digital nomad on the beach. Credit: simona pilolla 2/Shutterstock.com

According to Nebeus’ 2023 study on remote work trends, Spain emerges as the top dream destination for UK professionals seeking a better quality of life.

With 46 per cent of British professionals considering relocating for remote work, the survey sheds light on this trend.

Remote work growing in UK

In 2023, 44 per cent of British people embraced remote work, a trend echoed globally. Not only does it trim down commuting expenses, but it also opens doors to work from new countries.

Nebeus conducted a survey of 400 UK professionals, exploring their attitudes towards remote work abroad, with a focus on financial aspects.

Spain leads the way

For UK nationals seeking relocation for a better quality of life, one country stands out as the preferred destination for remote work, with 22 per cent choosing Spain as their first option

The United States received 19 per cent of the votes and France in third place with 13 per cent. The report revealed the other placings: Portugal, 6 per cent; Southeast Asia 5 per cent and Latin America, 3 per cent.

Spain’s allure lies in its blend of tradition and modernity, warm ambiance, and relaxed lifestyle. According to the survey’s findings, the most popular Spanish regions among UK remote workers are Barcelona, 14 per cent; Valencia, 7 per cent and Madrid, 5 per cent.

Unveiling the Digital Nomad Visa

Surprisingly, 89 per cent of respondents are unaware of Spain’s Digital Nomad Visa, designed to enable remote work without changing jobs.

This lack of awareness highlights the need for better promotion of this visa, offering flexibility while enjoying Spain’s benefits and retaining UK employment.

Concerns and considerations

When contemplating a move to Spain, respondents expressed their concerns about healthcare costs, language difficulties, and the cost of living and leaving loved ones behind.

Fifty-three per cent of those who participated stated language difficulties to be their primary concern. This was a particular worry for those in Scotland and the East of England both at 62 per cent and Yorkshire, 58 per cent.

Regarding finances, 51 per cent believe their spending power would match or exceed that in the UK. Londoners, in particular, expect a higher spending power in Spain, with the cost of living in mind.

Interestingly, higher-income individuals are less inclined to move abroad, possibly due to tax considerations or job seniority. Those with mid-range salaries are the most willing to relocate for remote work.

Parents are more hesitant to work remotely abroad, concerned about their children’s wellbeing, schooling, and leaving friends behind. Non-parents are more open to the idea.

Nebeus’ survey reflects a growing interest in remote work abroad among UK professionals, emphasising the need for accurate information about digital work visas and addressing linguistic, financial, and cultural challenges.

As the working landscape evolves, remote work is becoming an increasingly viable option, reshaping careers and lifestyles.

Thank you for taking the time to read this article. Do remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories and remember, you can also follow us on Facebook and Instagram.

What are the criteria of the top 20 digital nomad locations?

Title:

Content: In revulsion at the growing humanitarian suffering in Ukraine, some courageous Russian and Belarusian tech investors and entrepreneurs launched an international petition to oppose the war and help the victims.

Tech peers from a variety of other countries have joined the initiative.

These guys in the Russian IT community do not watch TV or listen to the state radio, preferring to get their information from internet channels and hence have a clearer picture of what is happening in Ukraine.

However, with Twitter, Facebook, and Instagram now banned by the Kremlin, the only remaining source of global social media is TikTok, the Chinese-owned platform.

According to Datareportal, the international data consultancy, TikTok attracted nearly 55m users in Russia in February 2022 and its audience is likely to grow even more, should it avoid being banned too.

Many here in Ireland will also be familiar with them as the Six Nations rugby sponsors.

Since the war in Ukraine began, triggering unprecedented international sanctions against Russia, some 50,000 to 70,000 Russian IT professionals have left their country, according to reports by the Russian Association of Electronic Communications (RAEC).

This is only a first wave, says the association, which expects up to 100,000 additional IT workers to leave in April.

According to a poll by Habr, the ubiquitous Russian technology site, one-third of Russian IT professionals are now looking for job opportunities abroad.

This makes a theoretical potential of some 600,000 tech émigrés from Russia.

Needless to say, the Ukrainian tech sector has been decimated.

It has long been one of Ireland’s, as well as other European countries, top destinations for IT outsourcing, with a talent pool of some 200,000 software developers, based on 2019 figures according to PitchBook data, the international tech investor consultancy.

Furthermore, its deep talent pool has also created a diaspora of tech professionals that help drive innovation around the world, whether in Dublin, London, Berlin, New York, or San Francisco.

Several successful start-ups and unicorns that have emerged in recent years have been the product of Ukrainian founders.

Among them are Nasdaq-listed software company, GitLab; online writing assistant, Grammarly, and B2B software company, People.ai.

EU supports for refugees

Meanwhile, the European Commission on Wednesday, last week, set out plans to ensure that the more than 3.5m refugees who have fled the Russian invasion have access to jobs, education, and housing.

There is an opportunity for Ireland to make a real impact to support the Ukrainian tech sector, as well as give a welcome to the Russian tech émigrés, who have bravely denounced the war.

Key to the support should be the government's Tech/Life Ireland initiative, but it must be given a specific focus with a dedicated personnel, website, and social media campaign to attract them to Ireland.

This is an emergency that needs urgent and dedicated action, and importantly there is strong funding support from European Commission.

The fastest-growing skills demand at present in Ireland is for top IT professionals.

The Department of Enterprise, Trade and Employment indicates that while Ireland both produces and attracts a very talented pool of tech people, the industry is continuing to grow quickly.

There is an ongoing demand for 8,000 tech professionals each year, which we currently are not able to meet.

Importantly, the department and the partners to Tech/Life Ireland — Enterprise Ireland, IDA Ireland, and the tech industry — understand the need to recruit internationally.

These contingencies are little consolation to the human cost Ukrainians are now facing.

Many start-ups and tech companies have employees that are fleeing with their families and — as surreal as it sounds in 21st century Europe — some individuals will be stepping away from their desks to pick up guns and defend their homes.

However, we can and should at least offer safe harbour with real opportunity to rebuild their lives where we can.

More in this section

Select your favourite newsletters and get the best of Irish Examiner delivered to your inbox

LOTTO RESULTS

Saturday, March 26, 2022

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  • 4
  • 5
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Full Lotto draw results »


This report addresses: Digital Nomads

Mobile office essentials

Amazon

The onset of the Covid-19 pandemic all but accelerated the transition to the remote work lifestyle, and now that the pandemic has just about subsided, most of us have become used to the work-from-home routine.

As a matter of fact, many full-time work-from-home professionals have grown to love this way of life since it affords them more time with family members and an opportunity to travel while they work.

The Brazilian Agency for International Tourism Promotion, Embratur, announced that it would partner with the Portuguese company NomadX to stimulate the creation of coworking focused on foreigners who want to travel to Brazil and work remotely at the same time (the so-called "digital nomads").

It is estimated that there are 35 million digital nomads worldwide, i.e., people who combine remote work and travel between countries and continents for various periods.

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Home / Markets / Cryptocurrency /  Crypto nomads move back to big cities like London, New York in bear market

Crypto nomads move back to big cities like London, New York in bear market

The nomadic life is especially well suited to the crypto crowd, with its 24/7 market and ethos of a digital, borderless monetary future, but pandemic travel restrictions, followed by a crash in cryptocurrency prices have made it less practical and too expensive of a lifestyle to maintain

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Over the years, Oliver Gale’s workplace view has included the palm-lined promenade of Miami Beach, the sandy shores of Barbados and the turquoise waters of Mexico’s Caribbean coast.

“With crypto integrating into more aspects of traditional businesses and industries -- being in a major city like New York or London is beneficial from a networking standpoint as well."

Gale, who is also the co-founder and CEO of blockchain project Panther Protocol, returned to London in March 2020 to start Elemental.io, a consumer credit platform formerly known a

This report addresses: Digital Nomads

This report addresses: Digital Nomads

Title:

Content: How to setup a mobile office and live the life of a nomad

The first step towards becoming a digital nomad!
Mobile office essentials

Amazon

The onset of the Covid-19 pandemic all but accelerated the transition to the remote work lifestyle, and now that the pandemic has just about subsided, most of us have become used to the work-from-home routine. As a matter of fact, many full-time work-from-home professionals have grown to love this way of life since it affords them more time with family members and an opportunity to travel while they work.

The prospect of being a digital nomad is a pretty enthralling one. Exploring different destinations while also managing your work routine is a luxury only afforded to a few. However, a nomadic work lifestyle isn't all about merry-making and enjoying destinations. There needs to be a proper setup that allows you to ensure your travel lifestyle doesn't affect your work and productivity.

That's precisely why having a mobile office with the right gadgets in your kit is a necessity that cannot be overlooked. Here's taking a peek at some of the most essential gadgets that need to make it to your working kit if you aspire to be a digital nomad.

1. A lightweight laptop

Microsoft Surface 4 Pro

The Microsoft Surface 4 Pro checks all the boxes as the perfect travel laptop. It's a lightweight, compact tablet that offers you the powers of a laptop. You can also use a stylus pen for more comfortable and convenient navigation.

The device in which all things start and come to an end; you simply can't set up without one. If you're looking for a laptop that suits a nomadic lifestyle, the weight and compactness of the device carry as much importance as your configurational choices.

For this specific purpose, we'd recommend going with the Microsoft Surface Laptop 4. It weighs only 2.79 lbs - the ideal weight to go for if you're a frequent traveler. Also, the screen size is perfect, as it contributes massively to the overall size of the laptop. Also, you can use this as a tablet with a stylus pen for even more convenience.

2. A WiFi hotspot

GlocalMe U3 WiFi Hotspot

The GlocalMe Wifi Hotspot boasts a 3000mAh battery life along with 13 hours of use. It can be used in over 140 countries and provides and adds tremendous stability to your work by providing a stable internet connection during travel. Also, you need not pay any roaming fees to use this hotspot.

The internet is the next most important thing to consider after a laptop. A WiFi hotspot goes a long way in delivering internet at impressive speed so you can focus on work without any hassle. Now, the best solution would be to use the hotspot from your phone. Why spend on a device when you can do it from a phone that you already have?

Well, a wireless WiFi hotspot adds more convenience to your travel. You don't need a SIM card for it, and the device can also deliver fast internet by smartly selecting a fast network. Secondly, you're not paying for any roaming charges; it's a pay-as-you-go WiFi facility. Also, wireless WiFi hotspots have advanced security features, so rest assured your data is in safe hands! We recommend going for the GlocalMe U3 Mobile Wireless Hotspot if you decide on getting one.

3. A USB charging station

Baseus PowerCombo USB-C Charger

The Baseus PowerCombo can charge up to 6 devices simultaneously. It's also compatible with a host of laptops, phones, and tablets, so you can have all the charging requirements in one place. Also, it offers overpower protection.

A power station is a basic need for any digital nomad who wishes to save desk space. It's a one-size-fits-all solution that can power up multiple tech devices all at once. Be it a tablet, laptop, or phone — a multiport charging station will leave you in awe in terms of the convenience it brings to your life.

The Baseus PowerCombo USB-C charging station is a great choice at a reasonable price tag that can charge all your devices simultaneously. It'll ensure you don't need to clean up the clutter of tangled wires around your desk — say goodbye to tangled wires affecting your productivity when you have this device at your aid!

4. A work desk

Worky Home Office

The Home Office desk is an innovative solution to clearing clutter on a desk and embracing an organized approach to work. Apart from holding your stationery items and laptop, it also offers desk storage for some more. There are many other exciting features that make it a must-have for any nomad or a frequent traveler.

What if we tell you it's possible to carry your entire office setup in a bag? When we say 'work desk,' the usual laptop elevator lap desk comes to our mind. But that'd be too bulky to carry when you're traveling. After all, convenient travel is all about carrying stuff that doesn't take up a lot of space, and hence, traditional lap desks don't make the cut here.

Instead, this innovative Home Office portable workstation by Worky is all you need to have with you when setting out for your next workstation. It can hold a laptop and stationery items and also comes with built-in charging ports. There's also a video conferencing light that is useful for illuminating your workspace during meetings.

The most striking feature here is you can store all of these in the briefcase and set out for your next destination without having to worry about packing each item separately. It's lightweight and portable enough, so you can easily carry it during travel.

5. Noise-cancelling headphones

Beats Studio Earbuds

The Beats Studio buds offer a powerful and balanced sound output. They're a great choice to go for if you're looking for earbuds that'll last for a long time and provide quality output. The lightweight and compact design of the earbuds means you won't need to compromise on your backpack storage space. Also, they are available in five different colors.

Work-from-home, as much as it does allow you to explore new places, you simply cannot cut off contact with your colleagues. Collaborations are important, and a pair of the correct noise-canceling headphones can help you have smooth and seamless communication with them. You can also get a pair of headphones in this case, but we'd specifically recommend earbuds to align more with the objective of using products that take up minimal space in your luggage.

The Beats Studio earbuds deliver a powerful and well-balanced sound and also come with two distinct listening modes: Active Noise Cancellation and Transparency mode. In terms of performance, these earbuds offer up to 8 hours of use. They come with a charging case, so your earbuds will keep on charging when you store them.

What's more, the Beats Studio earbuds are also IPX4 sweat and water-resistant. You can connect them to your laptop via Bluetooth. All in all, they're a great choice if you're looking for quality earbuds that ooze quality and can last for a long time.

6. A Portable wireless mouse

FENIFOX Flat Wireless Mouse

An ultra-thin and slim wireless mouse that's easy to carry anywhere. It also takes up very little safe in contrast to the traditional mouse and is very easy to operate. . Also, it comes with a low-decibel button that is suitable for coffee shops, libraries, and other occasions.

A portable wireless mouse can allow you to navigate easily if you're uncomfortable using the laptop mousepad. In this case, we would recommend going for the FENIFOX slim and portable wireless mouse.

It's a pretty compact and lightweight mouse that looks so thin you'd feel as if it's very much aligned with the surface. It boasts compatibility with a wide array of devices and is an environment-friendly and energy-saving device.

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What are critical aspects of the digital nomad lifestyle?

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Five Perfect Brazilian Destinations For Digital Nomads

(MENAFN- The Rio Times) Brazil offers special visas for immigrants with no employment relationship in the country, whose work can be done remotely.

In addition to its landscapes with a good Internet connection, the authorities are negotiating agreements with international organizations specialized in setting up service networks for digital nomads to settle in the country.

It is estimated that there are 35 million digital nomads worldwide, i.e., people who combine remote work and travel between countries and continents for various periods.

The Brazilian Agency for International Tourism Promotion, Embratur, announced that it would partner with the Portuguese company NomadX to stimulate the creation of coworking focused on foreigners who want to travel to Brazil and work remotely at the same time (the so-called "digital nomads").

"The new Embratur will focus on innovation and technology to bring more foreigners to our country and improve the experience of those visiting us."

"NomadX is already in Pipa, in Rio Grande do Norte. We want to expand this network to receive more tourists in Brazil", said Embratur's president, Marcelo Freixo.

ITACARÉ

Itacaré in Bahia is one of those places that's somehow more than you expect.

There must be hundreds of gorgeous tropical beaches and fishing villages in the northeast of Brazil; what's so special about this one?

This place is magic and one of Brazil's best-kept secrets.

While most of the beautiful areas near the sea in Brazil are completely built up, Itacaré and its surroundings are full of Mata Atlantica, the Atlantic jungle. Jungle all the way to the sea and a paradise for surfers and party lovers.

If Colombia is the home of magic realism, Itacaré will give it a good run for its money.

Tiny marmoset monkeys run along the telegraph wires, bullfrogs that sound more like meowing cats sit in ponds, capoeira is a way of life, and there's something about the place that makes it hard to leave.

It's relaxed enough to feel like an escape from the world, but don't mistake it for the kind of place where nothing ever happens.

Summer has more than enough bars and beach parties to keep you happy.

That is why whether on saltwater or freshwater beaches, the digital nomad or the remote worker traveling in Brazil must stop in Itacaré , one of the most beautiful destinations on the coast of Bahia, covered by the Atlantic forest and with practically deserted beaches.

There, the hard-working traveler comes into contact with the tranquility offered by the region, where it is possible to visit the attractions on foot.

The climate (warm all year round) is that of a small city with an ideal infrastructure for work.

NOMAD VILLAGE

In the paradisiacal Pipa Beach, in Tibau do Sul (Rio Grande do Norte), an official initiative is building the Nomad Village, the first special city for nomadic workers in South America.

The place - in partnership between the Ministry of Tourism and the Portuguese Nomadx, one of the largest companies in the segment in the world - was chosen for being a destination that combines nature, good internet connection, security, tranquility, and good weather, all year round to enjoy its characteristic beaches and dunes.

FLORIANÓPOLIS

The capital of Santa Catarina is known as the "Magic Island" and lives up to its name for its variety of clubs, good restaurants, a hundred beaches and islands to enjoy, a mild winter, and good connections that facilitate digital work.

With the country's most extensive circuit of urban mountain trails, "Floripa" combines the refinement of a big city with an exuberant natural environment.

GUARAMIRANGA

Another paradise that leaves its mark on the experience of nomadic life is Guaramiranga (Ceará).

With a colonial style reminiscent of Swiss architecture (that is why it is known as the "Switzerland of Ceará"), Guaramiranga arouses curiosity for having that European air, with cold weather and fine rain, in the state of Ceará, known for being a traditional destination of sun and beach.

In Guaramiranga the traveler also finds lush forests.

OURO PRETO

For nomads who enjoy history, nothing is better than installing the "office" in the colonial city of Ouro Preto (Minas Gerais).

The scenario of the Inconfidência Mineira (Mining Conspiracy) and full of monuments, the city breathes history, and the nomad who sits in a cafe or restaurant or walks the streets of Ouro Preto will go back in time and realize the greatness of a historical period during which mining was crucial for the growth of the region.

The largest baroque ensemble in the world and one of the main regions of the gold cycle, the city is an open-air museum and was the first Brazilian destination to be considered a World Heritage Site by UNESCO.

NomadX currently brings together a community of some 20,000 digital nomads who travel the world.

The company has locations in Lisbon, Caparica, Madeira, Cape Verde, and Pipa.

"Today, we have a community of about 50 people using our space in Pipa. A digital nomad spends an average of €1,800 monthly and about 2 months in each location."

"We are talking about young people between 25 and 35 years old who earn between €3,000 and €5,000."

"It has an important impact on the economy of small cities," explained NomadX CEO Gonçalo Hall.

Some of the Brazilian cities that have expressed interest in receiving digital nomads are João Pessoa (PB), São Miguel do Gostoso (RN), Recife (PE), Maceió (AL), Santos (SP), and Florianópolis (SC).

Gonçalo explained that this type of visitor is not just interested in enjoying tourist attractions.

According to the director, they seek to insert themselves and live experiences in the community as if they were locals.

"They consume in the establishments that the residents like to go to, they want to learn the local culture, and some end up teaching foreign languages to the children."

"It's an immersion experience with many spin-offs for small towns," he concluded.

With information from El Mostrador

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Home / Markets / Cryptocurrency /  Crypto nomads move back to big cities like London, New York in bear market

Crypto nomads move back to big cities like London, New York in bear market

The nomadic life is especially well suited to the crypto crowd, with its 24/7 market and ethos of a digital, borderless monetary future, but pandemic travel restrictions, followed by a crash in cryptocurrency prices have made it less practical and too expensive of a lifestyle to maintain

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Over the years, Oliver Gale’s workplace view has included the palm-lined promenade of Miami Beach, the sandy shores of Barbados and the turquoise waters of Mexico’s Caribbean coast.

Now, the 36-year-old crypto entrepreneur is back in London, working out of hotel lobbies. Gone is the gentle sea breeze, replaced by the humming sounds of air conditioners trying to keep the British capital’s unusually warm summer at bay.

Gale is one of many crypto nomads who have started trickling back into major cities like London and New York, as financial hubs start buzzing back to life post-pandemic.

As a subset of digital nomads, roving crypto workers spent the past several years hopping from country to country, persuaded to leave large financial centers as living costs soared. The nomadic life is especially well suited to the crypto crowd, with its 24/7 market and ethos of a digital, borderless monetary future. But pandemic travel restrictions, followed by a crash in cryptocurrency prices have made it less practical and too expensive of a lifestyle to maintain.

“People want to be where business is happening and opportunities to expand their network are present," said Mary Elizabeth Elkordy, who launched her fully remote company Elkordy Global Strategies during the pandemic. “With crypto integrating into more aspects of traditional businesses and industries -- being in a major city like New York or London is beneficial from a networking standpoint as well."

Gale, who is also the co-founder and CEO of blockchain project Panther Protocol, returned to London in March 2020 to start Elemental.io, a consumer credit platform formerly known as PayMachine.

“London is considered the fintech hub of the world and has great tax benefits and fundraising incentives," said Gale, who boasts British and Barbadian passports.

The population of London rose 4% in July 2022 from the same month two years ago, according to NHS Digital data. Offices are starting to see workers return, although not to pre-pandemic levels just yet. About 60% to 70% of workers in London are back at their desks, according to data compiled in June by Google, which tracks the movements of some of its users.

Migration out of many New York City neighborhoods is also reversing as more households are moving to Manhattan than before the pandemic in 2019, according to Melissa, a global data intelligence and address analytics company.

From Partying in Venice, to fasting

Kenzi Wang, co-founder of Symbolic Capital and former vice president and general manager of crypto exchange Huobi Global, relocated back to New York in April after traveling around Europe and Latin America.

“I’m staying in NYC because the bear market reduced a lot of noise and unnecessary networking in the market," said Wang. “I can stay focused on building and hiring for my company.

The current crypto winter reminds him of the previous crash when cryptocurrency prices plunged 80% and it became “a highly efficient time to build" new products and services. The price of one Bitcoin is down 50% this year from its all time high of nearly $69,000 in November 2021.

Wang’s nomadic life included partying with Hollywood actor Vin Diesel during the 2021 Venice Film Festival and strolls on Barcelona’s Las Ramblas. Now he has been slipping back into a life of socializing, playing basketball and expanding his crypto ventures in the Big Apple.

“I’ve also gotten into 20-hour daily fasting and lost a bunch of weight after losing the nomadic conference lifestyle," Wang said.

Other nomads have hit pause on travel to get their financial bearings.

“This most recent turn of economic events and the consequent bear market has hit my finances a little," said 37 year-old Sukanta Sekhar Das, the chief executive of information site CoinMarketBag. “So I thought it would be prudent for me to recoup some of my losses, regain my composure, and move back to a city I love for a permanent residence."

Das, who spent the better part of the last five years traveling around the world, recently settled down in Seoul, where he says the “crypto scene" is great.

“I’m saving a fortune in travel costs -- not to mention the absolute nightmare that travel has been over the past 12-18 months," he added.

Nomads are growing up

Even as room rents in London rise 15% from last year, according to data compiled by roommate search website SpareRoom, and Manhattan rents climb to new highs, some nomads are returning to big cities for more stability. Many of them are, after all, growing older and finding that the lure of being a nomad is not always easy to reconcile with the demands of starting a family.

“My wife, then girlfriend, was unhappy and wanted me to travel less, and I also found that I wasn’t very productive work-wise when I was constantly on the road," said Lane Rettig, a 39-year-old former Ethereum core developer who spent more than four years on the global road before returning to New York in 2020.

Rettig, now a core developer at crypto project Spacemesh, purchased a condo in the New York neighborhood of Harlem and is “grappling with how to stay plugged into a super global, nomadic community with a newborn and a mortgage."

To be sure, some people will never stop roaming. Burning Man, an annual arts festival held in Nevada’s Black Rock City around the US Labor Day holiday, is on Gale’s agenda.

“Entrepreneurship is a game of balancing your responsibility and what you wish to do," he said. “It is an important part of my life to go on adventures -- work and play -- strike up a lifestyle which is dynamic and creative."

This story has been published from a wire agency feed without modifications to the text.

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