In the following interview, Florida talks about the latest workplace and economic trends affecting business owners and employees, the impact of technology and automation, why we need a new social compact and gives his best career advice.
The dustbin of history is littered with dire predictions about the effects of technology. They frequently come to the fore in periods in which economies and societies are in the throes of sweeping transformation—like today.The key to a broadly shared prosperity lies in new social and economic arrangements that more fully engage, not ignore and waste, the creative talents of all of our people.
Entrepreneurial high-tech start-ups have taken an urban turn. Nowhere is this shift more apparent than New York City, which has emerged as the nation’s second-largest center of venture capital-financed high-tech start-ups, thanks to Google’s significant presence in the old Port Authority building in Chelsea and companies ranging from Foursquare to burgeoning tech-fashion players like Rent the Runway, Warby Parker, and Gilt Groupe.