| Economic Innovation Group CEO on the skills gap, a supply problem and an economic advantage we're not leveraging | | |  | FRI, DEC 06, 2019 | | | | | | TECH, TRANSFORMATION AND THE FUTURE OF WORK | | | | Think a friend or colleague should be getting this newsletter? Share this link with them to sign up.
At the peak of its success, AOL was the Internet. It turned what was dubbed a "sleepy Loudoun County" into a hub for business. The chief exec of the Northern Virginia Technology Council once called the company a "transformational engine throughout the region." Even today, co-founder Steve Case sees great possibility outside of Silicon Valley. We sat down with Case at our Capital Exchange: Growth in the Heartland summit, and got to talking about the war for talent away from the coasts.
The conversation turned to the Amazon HQ2 pick, which ultimately went to Arlington, VA, we started thinking about the 230-plus cities that went through over a year of bidding and countless dollars to ultimately lose. But in Case's view, it may not have been a loss afterall.
"Those cities can turn into winners if they keep the battle going and keep the community working together and saying, 'What can we do to be a better magnet for capital and for talent, and how do we create a culture around creativity and optimism and possibilities that will result in many cities rising perhaps faster than they would have otherwise?'" He explained that this bidding war may be just the catalyst they need to spur growth in the heartland and develop what could be "the next Amazon."
His optimism is inspiring, but is optimism enough to spur growth in the Heartland? Then again, as the war for talent continues to intensify, it may be wise to give some Heartland cities a second look.
You can read (and watch) more at the link below, along with some takes from CEOs and politicians at the event talking about the worker supply problem, and "an advantage that we're not leveraging" when it comes to boosting our economy.
| | @Work Summit 2020
Technology, Transformation and the Future of Work
Rapid advances in artificial intelligence, machine learning and automation, along with demographic changes, are leading to big shifts in today's workforce. These developments will also fundamentally change the relationship between employers and their workforce and require a reimagining of the workplace. CNBC's @Work event taps the unrivaled expertise and connections of CNBC's journalists to examine the impact of new technology on three different disciplines— human resources, IT and finance.
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