YouTube video by Mark Simpson discussing how virtual meeting platforms (Zoom, ECAMM Live) have reduced but not eliminated business travel. References Bill Gates' late-2020 claim that business travel would end and argues travel will likely be down overall as many meetings can be handled virtually, though some on-site needs remain.
But let me just share a couple things with you that make it so interesting. So in like, 2020, late 2020, Bill Gates declared the end of business travel forever. Now, is that entirely true? Probably not. There are many business travelers that need to be on site, and they've been just itching to do things that Zoom just can't accomplish. Now, at the same time, Zoom actually opened our eyes to how much we can get done virtually. So there are going to be situations where people, business travelers, aren't going to bother traveling as often because to save money and also because they can accomplish much of the same thing via Zoom or ECAMM Live, which is what we're doing right now. So that said, business travel will likely be down on the whole, not dead.
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