Pre-pandemic financial skyscrapers were full of people doing not much at all day in day out. Thousands of people would transport their bodies to these skyscrapers every day and proceed to do nothing useful. Seeing this first hand really changed my perception of the finance industry. There is a value in simply having people on the payroll and coming into the building every single day. It's their insurance policy. Banks have to be too big to fail and that means they have to be employing people.
But now all these people are just doing nothing from home and that's not good enough. They need to be doing nothing at work. The illusion that they are doing something useful is essential. It's the Emperor's New Clothes. The financial industry is nothing without trust. Nothing at all.
But now all these people are just doing nothing from home and that's not good enough. They need to be doing nothing at work. The illusion that they are doing something useful is essential. It's the Emperor's New Clothes. The financial industry is nothing without trust. Nothing at all.