MIT/CRE Meet the Visionaries

Shift to a Non-Linear World

46 snips
Oct 21, 2024
In this engaging discussion, Dror Poleg, an Economic Historian and author of Rethinking Real Estate, shares insights into how technology is transforming work and urban environments. He discusses the shift to a nonlinear economy influenced by the entertainment industry and the importance of adaptability in business strategies. Dror emphasizes the need for flexible real estate regulations to accommodate changing demands and explores the dual challenges and opportunities that arise from decentralization and emerging technologies in the industry.
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INSIGHT

The Nonlinear Economy

  • The economy is shifting from a predictable industrial model to a nonlinear one, resembling Hollywood.
  • This shift involves unpredictable outputs, specialized work, and flexible employment.
ANECDOTE

Boston Celtics Analogy

  • The Boston Celtics' success is attributed to recruiting diverse talent from various locations.
  • This illustrates the importance of a global talent pool in a nonlinear economy.
INSIGHT

Cities and Technology

  • Cities initially thrived due to in-person interaction, lifestyle, and matching opportunities.
  • Technology is now replicating and surpassing these advantages, enabling remote work and broader talent pools.
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