A new report by Joel Kotkin, Presidential Fellow in Urban Futures at Chapman University and Marshall Toplansky, Clinical Assistant Professor of Management Science at Chapman University lays out the challenges faced by middle and working-class Californians. The January 21 presentation of the report was followed by an all-star panel led by Jeff Ball, new CEO of the Orange County Business Council. Click here to learn more and download a copy of the report.
Governor Mike DeWine announced today (January 21, 2022) that Intel will build two semi-conductor plants in suburban Licking County, in the Columbus metropolitan area. The plants will be located in New Albany’s International Business Park, which already has Google, Amazon and Facebook as tenants. The plants are to be opened by 2025.
The plant is expected to employ 3,000 initially, at an average wage of $135,000, while secondarily generating 20,000 additional jobs statewide.
Representative Troy Balderson, who represents the plant location in the US Congress said “We are allowing ourselves to be held hostage by the imbalance of foreign chip production. It’s past time to bolster this production here at home.”
Already, the Columbus metropolitan area had catapulted to leadership as a domestic migration destination, adding 53,000 net domestic migrants between 2010 and 2020, the most of any Midwestern metropolitan area.
On this episode of Feudal Future, hosts Marshall Toplansky and Joel Kotkin are joined by American entrepreneur, Rony Abovitz, and Charlie Fink, AR/VR consultant and professor of Chapman University.
This show discusses the metaverse and what the future holds in a digital world.
Joel Kotkin is the Roger Hobbs Presidential Fellow in Urban Futures at Chapman University, Executive Director of the Urban Reform Institute, and an internationally-recognized authority on global, economic, political and social trends. His most recent book, The Coming of Neo-Feudalism is now available for order.
Marshall Toplansky is a widely published and award-winning marketing professional and successful entrepreneur. He co-founded KPMG’s data & analytics center of excellence and now teaches and consults corporations on their analytics strategies.
This show is presented by the Chapman Center for Demographics and Policy, which focuses on research and analysis of global, national and regional demographic trends and explores policies that might produce favorable demographic results over time.
About the guests:
Rony Abovitz is an American entrepreneur. Abovitz founded MAKO Surgical Corp., a company manufacturing surgical robotic arm assistance platforms, in 2004 and recently acquired by Stryker for $1.65 billion. Abovitz is the founder of the Mixed reality/Augmented Reality (MR/AR) company Magic Leap and served as its CEO from its founding in 2010.
Charlie Fink is a Forbes Columnist, and the Author of Remote Collaboration & Virtual Conferences (2020), Convergence (2019) and Charlie Fink's Metaverse (2017). In the early 90s, Fink ran VR pioneer Virtual World Entertainment. Previously, he was a VP at Disney, SVP at AOL, and President of AG & Blue Mountain. He teaches XR at Chapman University in Orange, CA.
Join us for a webinar on January 21st, hosted by Joel Kotkin and Marshall Toplansky to learn how we can restore the California Dream for middle and working class Californians. Following the presentation of the report, there will be an all-star panel led by Jeff Ball, new CEO of the Orange County Business Council.
Panel participants include Raul Anaya, Joe Hensley, and Karla Del Rio.
The Vancouver Sun reports on the dimensions of the urban to suburban, exurban and even rural exodus fueled by the pandemic. The first dimension is households taking advantage of the opportunity to regularly work remotely, which permits fewer physical commutes. This makes it practical for households to move to more space, both in housing and yards, such as to exurban Chilliwack, in the eastern Fraser Valley, where housing is severely unaffordable but much less unaffordable than in Vancouver, which rated as the second least affordable among 92 major markets in nine nations in Demographia International Housing Affordability 2021 (with a median multiple of 13.0 --- median house price 13 times the median household income.
The article also describes household movement of people from exurbs to even farther away, not only small metro areas, such as Kelowna and Kamloops but beyond to small towns like Quesnel and rural areas. Kamloops is 220 miles from downtown Vancouver (about 190 miles from the edge of the urban area, also called the population centre) and Quesnel is nearly 400 miles. Remote workers choosing locations such as these are likely to be able to work virtually all the time from home.
Infinite Suburbia is the culmination of the MIT Norman B. Leventhal Center for Advanced Urbanism's yearlong study of the future of suburban development. Find out more.
Books
Authored by Aaron Renn, The Urban State of Mind: Meditations on the City is the first Urbanophile e-book, featuring provocative essays on the key issues facing our cities, including innovation, talent attraction and brain drain, global soft power, sustainability, economic development, and localism.
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