Thursday, February 26, 2009

The World is Spiky

Many of us are firm believers in networks and in the power of technology to bring us closer to the members of our networks. This belief underlies one of the big ideas of Thomas Friedman’s book, the World is Flat: the exponential technology innovations of the digital revolution have made it possible to do business or otherwise collaborate instantaneously with billions of people around the globe. Moreover, the effect of these technology innovations is to level the global playing field thereby making everyone a player.

 In his Atlantic Monthly article (October 2005) urban theorist Richard Florida argues that a more accurate description of our globe would be, “the world is spiky.” Florida has this perception of the world because he evaluates it in terms of the cutting-edge innovation that drives economic production.

 In Florida’s world view there are three kinds of places that make up the modern economic landscape: the “tallest peaks” (cities that generate innovation); economic hills (“places that manufacture the world’s established goods, take its calls, and support its innovation engines”) and finally there are what Florida calls the “vast valleys” – “places with little connection to the global economy and few immediate prospects.”

 To illustrate his worldview, Florida has generated a map that shows Tokyo, Seoul, New York and San Francisco as spikes in terms of the number of patents registered worldwide. Another map shows the residence of the 1,200 most heavily cited scientists in leading fields. These leading scientific researchers overwhelmingly live in the same handful of US and European cities that are again represented as spikes.

 Florida’s point is that, “Innovation remains difficult without a critical mass of financiers, entrepreneurs, and scientists, often nourished by world-class universities and flexible corporations.” He also argues that key cities where innovation flourishes provide the necessary population density and velocity of ideas to drive that innovation. So, if our world is becoming “spikier” as Florida asserts, what does that mean for the hundreds of millions across the globe who live in the “vast valleys?” Can we still put our faith in the notion that exponential technological innovation lifts all boats?

1 comment:

  1. More than a million workers in the computer industry lost their jobs due to Free Trade and Flat World theories. Technology is now based on using $100 devices that only entertain.

    Our economy was much better off without computers. Technology is supposed to improve life and support the Free Enterpris system. It has failed.
    See http://tapsearchnewsmobile.filetap.com
    http://tapsmobileworld.filetap.com
    http://www.bizarrepolitics.com/cart-before-the-horse-economy

    ReplyDelete