Day 14: The Future
If you’re reading this from a cubicle, you probably won’t be in 2 years. If you’re reading from a laptop, you likely won’t be doing that either. Space and the tools we use in the space will be drastically transformed in the coming years. I’m not a psychic; this is strictly based on data, trends, and yes, a little bit of New York bias.
Living in New York is a bit like living in a time lapse. At the risk of sounding like an elitist urbanite, the rest of the country (San Francisco and Boston notwithstanding) trails in comparison. This is not meant to be condescending; it is simply a basic truth about metropolitan cities in general. With the sheer number of people (a large proportion being investors, technophiles, and creatives) progress is bound to unfold at a much more rapid pace.
One of the best places to witness the future is at co-working spaces. A co-working space is a shared work space for anyone who needs a place to plop down, get connected, and work outside of the basic constructs of a “normal” office space. Initially, co-working space was used by mostly freelancers as a way to escape the humdrum of working from home. Now, people from a variety of backgrounds flock to co-working spaces (developers, artists, independent consultants, even accountants and lawyers).
Last year when I was completely new to the tech scene, I visited New Work City, largely known as one of the first co-working spaces in New York. I personally believe it should be every New York newbie’s crash course into the tech world. I was immediately enlivened by the quiet energy buzzing inside. It was much better than a coffee shop, mostly because a.) no one was hogging the outlet, b.) no one near you was in an intense gossip sesh as you attempt to do work, and c.) coffee was FREE. Outlets, productivity, and free caffeine yield generally good vibes. Who wouldn’t want that? As a freelancer, I would often go to coffee shops, not because I needed another 3 cups of coffee, but simply because I wanted a positive workflow that was conducive to getting things done. Most of all, I wanted an environment that reminded me I was not the only one. Connection. Something not unlike the college library buzzing with activity at 3 am during final exam week because you’re all in the same over-caffeinated, underprepared, cramming (aka screwed) state. Imagine that everyday, just with more chic chairs and desks, and more “sophisticated” problems to stress about. That’s a co-working space.
The number of co-working spaces in New York has doubled each year since 2006. In that same period of time, New York City has exploded as a tech hub. Vivek Wadhwa recently said, “In 2006, I wouldn’t have put New York anywhere on the map of leading tech hubs. Now it is literally number 2.” According to Tony Bacigalupo, founder of New Work City, there is a direct correlation between the growth of co-working and the explosion of New York City’s startup ecosystem. The reason? Co-working spaces facilitate transitions between jobs. In today’s ever-changing economy, a co-working space becomes quite necessary when you’re transitioning from a full-time gig to work at a startup or as an independent. This trend will only grow as industries continue to be disrupted. This is generation flux after all, and that’s not just a catchy phrase. The flux is real. Chaotic disruption is rampant, not just with the Facebook, Twitter, and Googles, but across industries. You see the writing on the wall in New York, as more and more people quit their corporate jobs and become their own boss by creating pockets within pockets among niche industries.
The future is about self-reliance, and this is another reason why New York paves the way. New Yorkers are famous (or infamous?) for being self-reliant. Tonight at a joint Mashable -BMW iVentures event, Albert Wenger of Union Square Ventures likened the age we’re living in now to the period of time when we shifted from an agrarian economy to the industrial age. The possibilities of where we could be post-digital are..who knows. Figuring out how to properly monetize workspace is one issue. Will it take on a sharing model similar to our homes (AirBNB) and cars (Zipcar)? What about the jobs crisis? The jobs of those whose industries are dismantled?
Looks like the future is already here.
*Many of the insights from this post originate from a talk given by Tony Bacigalupo, co-working evangelist, from a Brooklyn Venture Community meetup on November 14. You can download his presentation at nwc.co/bkv-preso. I also highly recommend his blog, Happy Monsters.
*Also, if you’re interested in finding a co-working space in New York, here is a super handy guide compiled by Charles Bonello, a member of the NY Tech community, that includes details on every co-working space in the city. He also shares some interesting stats: “There is currently about 600,000 square feet of co-working space available, which is equivalent to 400 Starbucks, the entire 11 story building that houses Lord & Taylor’s flagship store in NYC and the Port Authority/NYC’s lease at the World Trade Center.” Wow!