Think polarization and inequality are bad now? Buckle up: big cities are poised to get bigger, richer and more powerful — at the expense of the rest of America, a new report by McKinsey Global Institute shows.
Why it matters: McKinsey’s analysis of 315 cities and more than 3,000 counties shows only the healthiest local economies will be able to successfully adapt to disruptions caused by the next wave of automation. Wide swaths of the country, especially already-distressed rural regions, are in danger of shedding more jobs.
Continue reading… “The next big inequality crisis”
