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>Both sides would have to believe that the other side will show up too. The "build it and they will come" fallacy has failed way more times than it has succeed
by ChuckNorris89 5y ago
>Both sides would have to believe that the other side will show up too.
The "build it and they will come" fallacy has failed way more times than it has succeeded. Companies know it and employees know it. Only governments and politicians seem to think otherwise when their election is on the line.
I've seen it numerous times in my city. Every now and then there's big PR from the mayor and the university rector about how they'll turn $SMALL_EUROPEAN_COLLEGETOWN into a major tech hub, and years later down the line, no major tech companies have shown up. Rinse and repeat every ~4 years, while most grads and companies are moving to the capital city.
>There probably needs to be some sort of guarantee that they will.
Nobody can guarantee you anything for the future, neither governments nor companies. The only truth is the present we live in and that's why most migration, public and private investments mostly happen in big cities that were already popular and wealthy, while the smaller cities with no investments are dying a long and slow death. It's a rampant and often unfair inequality but that's the sad reality.