"The Riff" with Byrne Hobart and Erik Torenberg cover image

E33: AI Therapy, 4chan, and Why Conferences Are Like Cities

"The Riff" with Byrne Hobart and Erik Torenberg

NOTE

Feedback Loop in Cities' Economies

In cities, a feedback loop occurs where the presence of diverse job opportunities attracts talent and money, leading to a clustering effect of founders, investors, and skilled individuals. This clustering drives up property costs, pricing out some individuals. Cities become more specialized over time due to this feedback loop, similar to the effect of conferences on a smaller scale and shorter duration.

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