Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Yeah, it is. The string logic youre using here could be applied elsewhere.
Yes but no one cares about elsewhere. Innovation controls the markets and has the entire world waiting for the next dusruption, and that one word descrived why youre incorrect. Other sectors have peripheral roles in each other, 'tech' disrupts, guts and changes the others, that's why are where we are, and really that's why clinging to claims of being 'recession resistant' as if it makes a place better, is really laughable. DFW seems to be experiencing GDP growth based solely on economic activity created by demand of services due to population growth, not really due to industry based output growth, which is fine I guess, not earth shattering but okay.
Yes but no one cares about elsewhere. Innovation controls the markets and has the entire world waiting for the next dusruption, and that one word descrived why youre incorrect. Other sectors have peripheral roles in each other, 'tech' disrupts, guts and changes the others, that's why are where we are, and really that's why clinging to claims of being 'recession resistant' as if it makes a place better, is really laughable. DFW seems to be experiencing GDP growth based solely on economic activity created by demand of services due to population growth, not really due to industry based output growth, which is fine I guess, not earth shattering but okay.
No, you dont care about elsewhere. Youre projecting your opinion onto everyone else. I mean, without energy you couldnt turn on all that great technology. So now is Google an energy company? Without food, those technology workers cant eat. You need agriculture to produce food. Does that make Oracle and agricultural company? Its really ridiculous logic.
No one said being recession resistant made a place better than one that isnt so I dont know why its brought up.
DFW's economy is diverse, the Bays is not, Austin's is not, Houston's is not. The later three will be more susceptible to economic crashes. Thats very basic economics.
Last edited by As Above So Below...; 12-21-2020 at 09:47 AM..
No, you dont care about elsewhere. Youre projecting your opinion onto everyone else. I mean, without energy you couldnt turn on all that great technology. So now is Google an energy company? Without food, those technology workers cant eat. You need agriculture to produce food. Does that make Oracle and agricultural company? Its really ridiculous logic.
hahaha I realize it's important for you personally to try in earnest to bring up energy, which vital, but it's just not relevant in the current conversation about growth in the global markets. No one cares.
hahaha I realize it's important for you personally to try in earnest to bring up energy, which vital, but it's just not relevant in the current conversation about growth in the global markets. No one cares.
Youre switching topics and weaving in and out of the relevant and irrelevant based on the point that was originally made:
WE...KNOW...WHAT...TECH...IS...ECONOMICALLY. This isnt up for debate. We know what a tech company is and what it isnt. Your attempt to make this some sort of philosophical conversation added nothing.
Tech is thriving right now, energy isnt. Who the hell disputed that??? ****, I was the one that said my city isnt recession resistant in my last post. So your attempt to make it seem like Im trying to prop up energy is ridiculous. Tech will crash again. It has before and no industry is immune from it. It just so happens to be thriving right now.
What is Tesla, exactly?
What is Uber, exactly?
What is Zoom, exactly?
What is Airbnb, exactly?
What is Facebook, exactly?
What is Alphabet, exactly?
and so on and so forth...
It's just so hilarious how you are stretching and twisting to make sure tech is put into a box. Sorry, it cannot.
Furthermore, unlike thei relationship they may or might now have with energy, other industries are actively seeking ways to integrate tech because it improves their productivity and keeps them on the cutting edge of their own industry. That will continue and expand.
Not sure what you’re arguing. If you’re arguing that tech is integrated accross accross all sectors, you’re not wrong. If you’re it’s the one one that every industry uses, then that’s false. Energy isn’t irrelevant. Technology itself is reliant on energy. It’s in transitional years, yes but that doesn’t make it irrelevant a everyone uses it. Finance same.
Not sure what you’re arguing. If you’re arguing that tech is integrated accross accross all sectors, you’re not wrong. If you’re it’s the one one that every industry uses, then that’s false. Energy isn’t irrelevant. Technology itself is reliant on energy. It’s in transitional years, yes but that doesn’t make it irrelevant a everyone uses it. Finance same.
Yes but finance is not changing media, finance is not changing health care, finance is not changing the auto industry, finance is not changing travel and tourism, etc.
Tech is the very definition of diversification in 2020, in that it reaches into every other sector.
That is the difference and why it's outdated to think that to be tech heavy is to lack diversification---on the contrary.
Yes but finance is not changing media, finance is not changing health care, finance is not changing the auto industry, finance is not changing travel and tourism, etc.
Tech is the very definition of diversification in 2020, in that it reaches into every other sector.
That is the difference and why it's outdated to think that to be tech heavy is to lack diversification---on the contrary.
I don’t agree with your first paragraph. Finance does change industries. They wouldn’t operate without the finance being what it is today and going forward. It doesn’t change in the same way tech does just like tech doesn’t change in the same ways Finance does.
I do agree with your second paragraph, though. Tech has indeed brought diversify to the Bay Area. Industries like Tech, Finance, energy and logistics that are use almost everywhere do bring in diversity to places where they are dominant. Including th Bay Area yes
Yes but finance is not changing media, finance is not changing health care, finance is not changing the auto industry, finance is not changing travel and tourism, etc.
Tech is the very definition of diversification in 2020, in that it reaches into every other sector.
That is the difference and why it's outdated to think that to be tech heavy is to lack diversification---on the contrary.
Agree with this, but I do think there can potentially be bubbles in venture capital and/or publicly traded technology firms that could impact "tech"-heavy cities disproportionately. (See 2000).
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
