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Face to Face

by Dana Blankenhorn
August 3, 2022
in A-Clue, Broadband, business models, business strategy, economy, education, futurism, Health, innovation, intellectual property, investment, medical, Personal, Science, The 2020s and Beyond
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University bioconnectIt’s said that the rise of remote work will clear out cities.

While it’s true that set projects can be done on set schedules, and that office work can be done anywhere, it’s not true that cities are doomed.

I got a taste of that yesterday.

It was a little thing. A meetup in a bar for biochemistry entrepreneurs, students, and financiers. Maybe 50 people showed up, in 80 degree heat, on a patio near downtown Atlanta. It’s one of dozens of such meetings, in all sorts of disciplines, taking place every month around Atlanta’s science hubs. Money meets ideas informally, and while nothing happens at once a process moves forward.

Bellwood quarryDNA as a Programming Language, which will dominate growth in the next decades, accelerates the concentration. A lab is built around expensive equipment that can’t fit in your house. You can program a computer remotely. You can’t do that with a mass spec.

Shared facilities, even if owned by a single company, require workers to be there. It’s mostly young workers, and they will want to live close. They’ll want places to eat, drink, exercise, and party.

Atlanta is seeing this right now, as Georgia Tech expands into the west side of the city, and slums are placed by middle-class apartments. Neighborhoods that a few years ago were no-go zones are now crowded, gentrifying. There’s nothing the government can do to stop it because nothing segregates like property taxes.

Biochemistry won’t happen in just a few places, in Boston and San Francisco. The money may be centered there, as the markets are centered in New York. But any city with first-class research can build a biotech center, and every biotech center is going to go through explosive growth.

This is the world our children are building. It’s a world of cities, safe cities, big, beautiful cities, connected by technology but independent of it, and money is anxious to follow.

Tags: 2020sAtlantabiochemistrybiochemistry industrybiotechDNAeconomygrowthinnovationscience
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Dana Blankenhorn

Dana Blankenhorn

Dana Blankenhorn began his career as a financial journalist in 1978, began covering technology in 1982, and the Internet in 1985. He started one of the first Internet daily newsletters, the Interactive Age Daily, in 1994. He recently retired from InvestorPlace and lives in Atlanta, GA, preparing for his next great adventure. He's a graduate of Rice University (1977) and Northwestern's Medill School of Journalism (MSJ 1978). He's a native of Massapequa, NY.

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I'm Dana Blankenhorn. I have covered the Internet as a reporter since 1983. I've been a professional business reporter since 1978, and a writer all my life.

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