Tag: co-working

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future predictions, future report, future scenario, future tech, future trends

The Von Neumann Engine: Rebuilding Cities That Build Themselves

By Futurist Thomas Frey

For decades, cities have been built like static machines. We zone them, finance them, construct them—and then we wait. We hope businesses show up. We hope talent sticks around. We hope downtown revitalization plans somehow take hold.

Hope is not a strategy.

What cities actually need is a system that doesn’t just exist—but one that continuously creates new economic life from within itself. That’s where the Von Neumann Engine comes in.

Borrowed from the idea of self-replicating systems, the Von Neumann Engine isn’t a piece of hardware. It’s a way of thinking about cities as living systems—systems designed to generate startups, attract talent, and reinvent themselves over and over again.

Continue reading… “The Von Neumann Engine: Rebuilding Cities That Build Themselves”
AI, Artificial Intelligence, Employment, Science & Technology News

AI won’t take your job, people will

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Machine intelligence, also known as artificial intelligence (AI) is going to have both an awesome and an unfortunate impact on our posterity. Let’s explore one possible way AI may impact the future of work, and how it may dramatically change how we train our workforce.

A brand manager needs an advertisement. So, the brand manager sends a brief to the senior art director (in-house or at an agency) and asks for something amazing to be created. On or before the deadline, the brand manager and the art director meet to review the work. The brand manager is presented with three approaches, and after a number of meetings, a number of revisions, and revelations, they agree on a final product.

This is a process that has repeated itself for more than a century, and AI is not going to stop it (today).

Continue reading… “AI won’t take your job, people will”

2019 Predictions, Business, Economy, Employment, Science & Technology News

Co-working spaces pose threat to commercial real estate market, Fed official says

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LaunchBio CEO Joan Siefert Rose leads a tour of life sciences co-working lab, BioLabs NC.

The growing popularity of co-working spaces like WeWork could pose a risk to the US economy in the next economic downturn, a Fed official warned on Friday.

Boston Federal Reserve Bank President Eric Rosengren, who has publicly dissented with the Fed’s recent interest rate cuts, said lower rates will boost risk in “unexpected places.”

“Evolving market models, along with low interest rates, are creating a new type of potential financial stability risk in commercial real estate,” he said at an event in New York City. “One such market model is the development of co-working spaces in many major urban office markets.”

Continue reading… “Co-working spaces pose threat to commercial real estate market, Fed official says”