The Credit Crunch has hit, and leading economists paint a grim picture for the future with some even going as far to say it will be as bad as the 10 year Great Depression of the 1930s.
Unemployment has already risen quickly in the past few weeks in both the U.S and much of Europe and people are increasingly fighting for scarce jobs.
After losing their jobs, many people are choosing to work from home as freelancers through websites like oDesk, a California based company that connects employers and freelancers in the virtual world.
oDesk derives from No Desk, and encapsulates the founders vision that in this Internet age, anyone can work anywhere and at anytime.
The global job marketplace explained in the video allows businesses around the world to hire qualified workers for projects, no matter if they’re located on the other side of the globe.
The hiring company can then keep an eye on their new global workforce by way of automatic desktop screenshots, mouse clicks, and keyboard activity.
With this sort of technology in place, I can foresee a time when more people will work from home than in an office. The only problem then would be that we’d never see each other, apart from via webcam.