Richard Florida is University Professor at University of Toronto’s Rotman School of Management and School of Cities, where he also serves as chief urbanist in the Creative Destruction Lab. He is a distinguished fellow at New York University where he created the Urban Lab in the Schack Institute of Real Estate.
Photo by Zanetti Photography.
|In the next five years, the blockchain will have a transformative effect on finance in emerging markets.||Disagree||5||“There’s no shortage of hype about blockchain and, if anything, there is even more hype about the transformative potential of blockchain on finance in emerging markets. But finance tends to follow, not lead, the fundamentals of economic development. I am not at all sure blockchain can alter those fundamentals.”|
|In the absence of a carbon tax, industry self-regulation can help mitigate the worst fallout from climate change.||Agree||4||“My hunch is industry self-regulation is one part. But city governments, especially in the U.S., have shown that they can be a key part of addressing climate goals, particularly when the national government fails.”|
|Amazon’s new $15 per hour minimum wage will force other companies to follow suit.||Agree||5||“I think Amazon’s move to a $15 minimum wage signals a change in the environment. It is likely due to mounting competition for talent in a tight labor market, and it may also be about trying to reposition the company as a better employer. Regardless, I think more companies, especially large companies, will follow suit.”|