May 31, 2017

CITIES WERE A MISTAKE:

Why the Suburbs Are Where Innovation Will Happen : They have unrecognized strengths for adapting to a disrupting economy. (SCOTT FADNESS, MAY 31, 2017, Governing)
 
It was back in 1997 when Harvard Professor Clayton Christensen coined the phrase "disruptive innovation" to describe a process that transforms an industry in which expensive and complicated processes have been the norm. Disruptive innovations introduce simplicity, convenience, accessibility and affordability. Today we face another period of disruption as technologies like the Internet of Things and artificial intelligence spread. [...]

According to the Urban Land Institute, suburbs account for 79 percent of the population of the 50 largest U.S. metro areas. Employment opportunities in the suburbs are rising: Between 2010 and 2014, the number of suburban jobs increased by 9 percent, compared to 6 percent in urban areas. Employment growth produces more tax revenue, providing suburban governments with greater flexibility to adapt to disruptive innovation.

Suburbs have other advantages as well. Less bureaucracy allows for more nimble adaptation of policies and regulations, and suburban communities typically have far less internal red tape to navigate than larger cities, so suburban governments can pivot more quickly as technology changes.

We want to work from home and homes aren't urban.

Posted by at May 31, 2017 5:03 AM

  

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