5 ms·
Are the fundamentals still sound? The biggest fundamental being challenged now is “Do people need to work in the same physical location?”
by beamatronic 6y ago
Are the fundamentals still sound?
The biggest fundamental being challenged now is “Do people need to work in the same physical location?”
- Mediterraneo10 6y agoWouldn't remote working actually make hipsters across the country free to move to a city that has a brand that resonates with them?
- CuriouslyC 6y agoSure, if they can afford the ridiculous cost of living, which I doubt in most cases.
- paul_f 6y agoNew York is not built on taxes collected from hipsters.
- Mediterraneo10 6y agoThe era when some of New York City (even parts of Manhattan) had substandard public services didn't stop hipsters moving there. A city might not be corporately "thriving" with a tax base of such residents, but due to the power of its brand the city can still draw alternative young people and keep the legacy of art and culture going.
- robjan 6y agoNew York is desirable because of the other people and businesses in New York as well as being one of the cultural capitals of the world. Those can't be replaced by Zoom calls, no matter how hard we try.
- JMTQp8lwXL 6y agoIt's more nuanced than that. Not every meeting can be replaced by a Zoom call, but many can. And each time that decision is made, it's less flights, hotels, dining etc being spent in NYC.