This review of former Rust Belt cities (from the US and Europe) is way too long to do a thorough post on, so I’ll offer some thoughts below.
- The premise is that Rust Belt cities are far from doomed – instead, according to the authors, they are the next source of innovation and are a burgeoning market in and of themselves.
- They look at cities like Akron and Dresden, and highlight leadership, universities, big companies that are trying to remain innovative, and government initiatives as the reasons for these changes.
- Their optimism is tempered a bit by some of the challenges they see – more smart technology (and some emotional intelligence) is still needed for leadership, more focus on developing products rather than experiences or systems, more support for universities. They identify these problems, and thankfully don’t rename them opportunities.
- The authors have done a lot of traveling and have talked to a lot of the people who are driving innovation, and they use mostly these interviews (with a few well-chosen stats) to make their argument. That approach makes sense, and helps me appreciate Piketty’s intensively thorough approach even more. As a reviewer on goodreads commented that this book is a mile wide and an inch deep, and that methodology leaves a lot out…
- I’m troubled by the fact that there seems to be little focus on the folks left behind. Again, this argument fits neatly into the narrative that claims that smart technology will save us all, and the fact that robotics seems to mean that the work left for humans (yay capitalism!) will be either gathering all the money at the top or doing the dirtiest, meanest jobs that require some human decision-making (i.e., strawberry-picking), since building a machine to do that work would be more expensive than paying people minimum-wage and not offering them benefits doesn’t seem to occur to the authors.
- This part of the Industrial Revolution 4.0 argument always seems the shakiest to me – it feels like such a dystopian, cyberpunk future, with elements of The Circle thrown in for good measure. The alternative seems so utopian as to be ridiculous…
- Despite my pessimism, though, I sincerely hope their vision of the future comes true.