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An important reason London is always better than Frankfurt & Amsterdam at least is that its a big city and the city needs literally hundreds of thousands of ski
by x87678r 6y ago
An important reason London is always better than Frankfurt & Amsterdam at least is that its a big city and the city needs literally hundreds of thousands of skilled people.
The fascinating thing is that is changing, computerization is replacing people and Covid has shown people working remotely works. NY is the same, used to be special but slowly teams will be moving out. Your friendly stock broker is already a server, right now your fund manager is turning into one as well. Bond market is slowly chopping up people as well.
So London is much more easily dissolved now.
- mantap 6y agoIt works both ways. People in London can benefit from remote working even if headquarters are somewhere else. In a world where work is conducted over the internet, the status of a city is dependent far more on what kind of place it is to live rather than which businesses are nominally based there. And I just don't see the rich and powerful moving from London to Frankfurt any time soon.