Since 2020, the world has undergone a profound transformation. The elements of reality one observes were unimaginable in the late 2010s. This piece is an attempt to summarize the five key properties of the so-called new normalcy from the point of view of the ByteLixir app to earn and make money online.
When people refer to "the new normalcy", they describe the post-pandemic social and professional landscape. This notion covers how we live and work in the environment created by COVID-19-defined behavior practices and recent technological advancements. While there are many dimensions in it, these are the five key takeaways.
Five crucial aspects of the new normalcy assessed by a passive income app
1. Remote work and precariousness
This factor is tangible and recognizable. In the US, almost 13% of full-time personnel perform their work exclusively from home. Around 30% adhere to the hybrid format. Such an unprecedented change was made possible by COVID-19, social distancing, and boosted progress in telecommunications and distant teamwork.
This trend has two consequences:
- People have more free time to invest in online side hustles and acquiring hard and soft skills.
- Concurrently, this elasticity has a reverse side. A flexible labor market and lack of any “personal touch” makes job terminations easier. Employees enjoy fewer guarantees and cannot foresee their future. This constant state of precariousness makes them rely on extra earning options, including passive income apps.
2. Globally dispersed teams
Virtual workplaces contribute to team dispersion in geographical terms. There is no need to make a career in costly and densely populated urban centers. One can stay in their small hometown or move to a more affordable and convenient place. This dimension of the new normalcy has two conflicting implications.
- Highly-qualified individuals are more mobile and can explore the world, different cultures, and unseen career opportunities. That is a pro.
- The context of a globally scattered workforce (when staff members can resolve their tasks and make money online, with no need to relocate) intensifies competition for positions and salaries. More candidates from all over the globe participate in contests. That is a definite con for many.
3. Unordinary sources of income
Experimenting with previously untried value generators is another trend to highlight. It is not about regular online side hustles when funds are paid in exchange for actual work. It is a story of groundbreaking classes of activities and assets. To name a few:
- Crypto mining.
- Renting out one’s tech capacities for distributed computing or selling bandwidth via a passive income app.
- Crypto stacking and the popular modern practice of airdrops.
- Monetization of hobbies and donations for gaming, streaming, blogging, etc.
4. Diminished privacy
Usage of multiple personal devices in fresh formats implies that people leave a bigger digital footprint. This results in less confidentiality, as a fact of life. The Pew Research experts remind us that privacy has always been a luxury, but in the cyber environment of today it is unattainable. We must acknowledge that humans live in a transparent world where it is simple to track and monitor any person.
5. Ascendance of AI
Finally, the ascendance of AI and robotization of human activities count as a game changer. Multiple beneficiaries of the new normalcy, including programmers, designers, content creators, customer service representatives, etc. are under threat. Some projections indicate that up to 300,000,000 full-time jobs can soon be replaced and vanish.
The ByteLixir app to earn as a partner in the age of the new normalcy
Without alarmist attitudes, the team of the ByteLixir app to earn recommends to consider all the positive and negative implications of the new normalcy. The best course of action is to start taking care of extra cash flows and combine all available components, including passive income apps, investments, offline and online side hustles, etc. This measure will assist with getting ready for the consequences of the ongoing shift. As for us, ByteLixir stays with users to help them make money online, no matter where they are physically and what their primary occupation is. We are totally committed to upholding their privacy, request no access to personal files and info, and have all KYC and AML policies in place.