Mobile Capital and the Place of Work

MOBILE CAPITAL+ THE PLACE OF WORK9.13.14 ANNE GATLING HAYNES

Mobility creates flux, and that drives energy and human collisions. The result is vibrancy, entrepreneurship and economic energy, or lack thereof. Mobility is the economic social network that matters.”

Paul Kedrosky “migration in America, Vibrant Flux,” Forbes 2011

CONNECTIVE DEVELOPMENT

big-M and little-m Mobility: The increasing flow of people and money between and across cities

mobility: Within cities, the changing patterns of people and work will affect land use and development

WHAT ARE LARGE CORPORATIONS DOING

decreasing footprints, increasing labor distribution, open innovation models & chasing talent and data• (IBM Decreased Footprint by 78m sf, 40-45% workforce is mobile, saving 5m gal fuel)• (2006, P&G 35% new products emerged outside of corporate walls)• (R&D centers for IBM, Microsoft, Autodesk)

Fried, Remote: Office not Required, 2013; original research

WHAT ARE SMALL CORPORATIONS DOING

attracted to places with specialized talent pools • (37 Signals distributed workplace & Remote) • (Seeding collaborative workspaces)

formalizing partnerships with larger corporations and each other • (Significant Increase in Corporate Venture Capital funds) • (partnerships & joining forces, not merging)

WHAT ARE PEOPLE DOING

finding great places to live• (increasing urbanization, growing populations in smaller cities)• (minimizing commute times and increased civic engagement)

super commuting• (1.15m workers from 10 large metro areas are super long distance commuting)• (increase of multi-state tax returns)

business & civic DIY• (increase of the freelancer/solopreneur economy—projected to 40% by 2020)• (buying direct in new intermediary market places and through the web)• (occupy, spontaneous placemaking, pothole reporting, hacking events)

PEOPLE PLACES : NEW MARKETS

WHAT DOES A COLLABORATIVE ECONOMY LOOK LIKE?

Blurring Life/Work/Learn• (Makerspaces, Retail ‘Experience Centers’, 24/7 global work clock, MOOCs)• (Apts as startup offices in Kendall Square, Jellies, & Social Networking hubs)

Blurring public/private • (CIA Crowdsourcing)• (Hacking & Open Data/ Open Gov)• (Project Finance, DIF/TIF, PPPs)

Collaborative Workspaces• (Doubling every year, makerspaces in libraries, sharing economy to kitchens, labs &

production, government?? )• (Gov’t support for growth of new models)

ECONOMIC SYSTEM : INFORMATION & COLLABORATION

© 2013 Anne Gatling Haynes

IT’S HERE NOW

WHAT DOES A COLLABORATIVE SYSTEM LOOK LIKE?

Open Government • (Data as currency, chasing data)• (Shared infrastructure, assets, expertise)

Open Borders • (Increased fluidity & mobility)

Land /Building Redistribution • (Resiliency prompted fragmentation: Infrastructure, assets, wealth)• (Large corporations & big box retail into urban centers)• (Amazon Corporate Headquarters, Target City, La Jeune Rue)

© 2014 Anne Gatling Haynes

NOW + FUTURE

Mobility Equity: ensuring access to systems

Revenue: Changes to corporate & property tax collection and distrubtion

Places::limited redevelopment resources, infrastructure costs and regulation