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MIT/CRE Meet the Visionaries
Shift to a Non-Linear World
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.
52:54
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Quick takeaways
- The concept of a nonlinear economy is challenging traditional business models, requiring companies to embrace flexibility in operations and strategies.
- Real estate is being transformed by remote work trends, driving demand for adaptable spaces and necessitating a re-evaluation of leasing strategies.
Deep dives
The Emergence of a Nonlinear Economy
The concept of a nonlinear economy is fundamentally reshaping our understanding of economic dynamics. Traditional models, rooted in the industrial economy, are being challenged as businesses face unpredictability in the relationship between inputs and outputs. This shift is evident as industries start to mirror the unpredictable nature of Hollywood, where few successful ventures can lead to outsized profits, while many investments may yield low or no returns. As a result, companies must adapt to this uncertainty and embrace flexibility in operations, hiring, and investment strategies to thrive in this new environment.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode