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We Are Seeing A Distribution Of Talent by taskmaster4450le

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· @taskmaster4450le · (edited)
$48.45
We Are Seeing A Distribution Of Talent
<center>

[![](https://img.3speakcontent.online/znoxqkyd/thumbnails/default.png)](https://3speak.tv/watch?v=taskmaster4450le/znoxqkyd)

▶️ [Watch on 3Speak](https://3speak.tv/watch?v=taskmaster4450le/znoxqkyd)

</center>

---

Recent changes in geographic location of companies is starting to spread the talent away from centers of influence to others areas.

At the top of this list is New York (Wall Street) and California (Silicon Valley).  We are seeing the move from these areas to Florida and Texas.

In this video I discuss how actions like these are distributing talent in different geographic areas.  This will have a compounding effect over time as the brainpower in the newer areas grows.  Thus, we will see more innovation and greater productivity as compared to it being limited.

---

▶️ [3Speak](https://3speak.tv/watch?v=taskmaster4450le/znoxqkyd)
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vote details (188)
@ai-summaries ·
**Summary:**
Task discusses the shift in talent distribution and the changing landscapes of epicenters in the United States. He notes the traditional dominance of New York's Wall Street and California's Silicon Valley as global epicenters in finance and technology, respectively. He highlights the potential shift eastwards, particularly to Hong Kong, due to China's increasing dominance and competition. Additionally, he mentions an internal shift as talent and companies are moving out of New York and California to states like Florida and Texas due to lower taxes and regulations. Task emphasizes the impact of this redistribution on innovation and economic growth, pointing out emerging tech hubs like Austin and the potential for new epicenters to drive creativity and productivity.

**Detailed Article:**
Task delves into the evolving landscape of talent distribution and economic epicenters within the United States. He underscores the historical significance of New York's Wall Street as the renowned financial epicenter of the world and California's Silicon Valley as the tech epicenter. However, he points out a potential shift in these dynamics, both externally and internally.

External pressures from China's advancements pose a challenge to the existing epicenters, leading some to speculate on the future relocation of the financial epicenter to Hong Kong. Task also notes the growing competition faced by Silicon Valley from Chinese manufacturing in the technology sector, highlighting concerns about the potential impact on the tech industry's dominance.

Internally, Task observes an exodus of talent and companies from New York and California to states like Florida and Texas. He attributes this movement to the heavy tax burdens and regulatory environment in New York and California, prompting companies to seek friendlier business environments in states with lower taxes and fewer regulations. This migration of talent and capital to states like Florida and Texas is seen as a significant driver of economic growth in these regions.

Task emphasizes the positive implications of this talent redistribution, especially in the context of remote work becoming more prevalent. He discusses how geographical dispersion of talent, coupled with the flexibility of remote work arrangements, can lead to increased innovation across different regions. Task highlights the emergence of new tech hubs like Austin, which are attracting investment and talent, potentially paving the way for additional epicenters of innovation and productivity.

In conclusion, Task forecasts a future where ideas and innovations can originate from anywhere, driven by the freedom of remote work and favorable business environments. He anticipates a continued acceleration of growth and creativity in various parts of the country and the world, signaling a potential decentralization of epicenters and the democratization of innovation.
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@cmmemes ·
I see quite a few youtubers that I follow moving to Texas but I don't quite understand why. Also it seems that is trendy to move to Texas if I perceived that correctly 

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vote details (1)
@taskmaster4450le ·
Zero state income taxes plus much friendlier business environment is sending companies out of California (primarily) into Texas.

Much lower cost of living.

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@cryptoandcoffee ·
Makes sense if taxation and regulations forced them out. secondary is the loss of income being pumped into an area moving elsewhere. Perfect for property owners in South Florida as this will create a boom.

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vote details (1)
@taskmaster4450le ·
Yeah the real estate prices are going nuts in South Florida and Austin Tx.

There are a lot of people moving into those areas.

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@jfang003 ·
$0.03
Definitely, I am seeing many people moving around to places where it is more economically feasible. Due to the growing digital age and technological advances, we can see how communication can happen even in other places. There is less of an advantage to stay in those places with huge taxes and living costs. The branching out of the economy will help other areas grow but the middle class in these tax-heavy places will probably be pushed out.

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vote details (2)
@taskmaster4450le ·
>...the middle class in these tax-heavy places will probably be pushed out.

Or left to suffer the financial burden of having to make up for the lost tax base.  We see this where the wealthy are leaving, the shortfall in city and state taxes has to be made up somewhere.

The poor cant do it so it falls to the middle class.

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vote details (1)
@mobi72 · (edited)
> we will see more innovation and greater productivity as compared to it being limited.
>

Well said.

Wall Street and Silicon Valley have their own perks, they make people dream, think big, and gave them a purpose to work hard and smart so that they reach their final destination of success (Wall Street and Silicon Valley), they are thought as the symbol of success.

On the other side...

Intelligence inspire many, directly or indirectly / consciously or unconsciously, it is like it creates an aura around itself and improve others in its range.

The company of these talents will polish more talent in the youth.

We say in Urdu, "Maza aa gaya". I'd like to say about this video in English, "Time well spent".
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@natalia-irish ·
Expansion for companies is very important to attract more clients and test new cultures
But before that I think online surveys are very important

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@pixresteemer ·
<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 49 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-48-and-start-week-49) just started...you can now check the winners of the previous week!</center><center><sub>4</sub></center>
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