I'm substacking! First up; Imagine, Denver. Denver has 17 candidates for Mayor ... time to discuss the sustainable, inclusive growth path ahead for the city's next decade ... open.substack.com/pub/jbholston/ , by
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JB Holston
@jholston
ÜT: 39.70577,-104.957766Joined November 2007
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If House GOP is serious about deficit ... here's an easy win: nytimes.com/2023/02/04/us/ "“We refused to put an additional dollar against that system that wouldn’t match the Chinese undersea threat,” the chief of naval operations told Senate lawmakers... Then the lobbying started."
#WFH saves 72 minutes a day on average, and 90+ minutes in China, India, Japan and Singapore.
This is a win-win:
Employers gain 30 minutes (40%) more work a day, boosting productivity.
Employees gain 42 minutes for leisure, caregiving and housework.
nber.org/papers/w30866
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Remember, Paris wasn’t “always this way.”
It wasn’t even this way in late 2019 when I was there last.
Just a few years ago, all of #Paris was choking in car traffic.
This is new. This is leadership.
Cities are a result of choices.
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America’s offices are now half-full. They may not get much fuller. washingtonpost.com/business/2023/ "“By centering around flexibility, we’re creating norms that meet the needs of our people,” ...employee engagement has fallen to its lowest level in a nearly decade" via
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Our research reveals that "companies with a dual focus on developing human capital and managing workers well have the edge in performance and rank among the most profitable firms in their industry."
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Wow. Canadian Jeffery Epstein , or worse …
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Robert G. Miller, a reclusive Quebec billionaire and founder of an electronics parts distributor, allegedly paid several young girls large sums of money in exchange for sexual favours for more than a decade. Miller denies all allegations. cbc.ca/newsinteractiv
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Denver mayoral candidate racks up seven false claims in one interview 9news.com/article/news/l
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True.
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Mail delivery delays persist in Denver metro 9news.com/article/news/l
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Cities AND states need to urgently develop prosperity plans for permanent work-from-home. indicates steady-state at 30% of days worked from home; latest indicates downtown offices at 50% occupancy. NYC, DC moving fast to plan -- others???
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Cities are the economic engines for states, the nation, and the globe, @amy_liuw & @PeterRezk201 write. Metro areas generate the majority of state economic output in 46 out of 50 states. brookings.edu/essay/why-stat
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Not just big cities: "The amount of vacant office space in Des Moines' central business district has more than doubled in the past four years" , halting growth in downtown property values
DC's leadership is ahead of the permanent changes to the world of work. Advantages; a very livable and walkable 15-minute/activity center city. And challenges, as Federal agencies grapple with flexible work -- a politically delicate recruiting/retention advantage.
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Cover this week: D.C.'s solution to its Covid slump is a building boom — 100,000 downtown residents, four times what it is today.
"There wouldn’t be a downtown in the country like this. It would be extraordinary. Singular.” bizjournals.com/washington/new
Timely, as Alphabet announces $500 mill in charges related to exiting office space leases (per ). Flexibility is a key differentiator for government employers -- but politically challenging given legit concerns about downtown economies, and transit funding.
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The larger the company and the more competitive the industry, the more likely it is to rely more heavily on flexible and remote employees — in percentage and absolute terms.
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These threads from are invaluable... and remind us that monthly empl/unempl figures , and payroll estimates can be very volatile and are often revised.
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Nominal average hourly earnings growth ticked down to 0.3 percent over the month, following growth of 0.4 percent in December. 5/
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Streaming services are ghosting content creators these days -- recommend Matt's latest, "A Eulogy for Showtime" , puck.news/a-eulogy-for-s
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Very on-brand for Showtime to be about 5 steps behind HBO…. hollywoodreporter.com/tv/tv-news/sho
"What the hidden (and more broadly-defined) STEM economy reveals about diversity in the workforce" axios.com/2023/02/02/ste Helpful by study here; ncses.nsf.gov/pubs/nsf23315/ "Higher education institutions and industry need to "create better pathways"'
Progress: "The Majority Of America’s Top-Ranked Colleges Will Be Led By A Woman Or Person Of Color This Fall" via
Timely: Colorado Inno - New women-led Denver venture firm closes $76M climate fund
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Trial does NOT equate to adoption in the attention economy. ChatGPT is a potential utility, not a social network. And it has a long way to go to become next gen Word…
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Wow: ChatGPT's 100 million active users in 2 months sets a record for pace of adoption. Even faster to this mark than TikTok (9 months) and Instagram (2.5 yrs).
reuters.com/technology/cha #diffusionofinnovation
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Local journalism doing the work. And, $1 mill .... !!!
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After @ColoradoNewsCCM ran stories about a new, $961K metal detection system for STEM School Highlands Ranch, Douglas County Commissioner Abe Laydon claimed the articles contained “classified" info.
But the stories were based on what our reporters gathered at public meetings. twitter.com/ColoradoNewsCC…
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"“Having someone like AOC in the catbird seat has huge value. She’s obviously a brilliant communicator and any time you have someone with her talent in your corner, it’s meaningful.”" : Joe Biden’s new squad politi.co/3l7cPvJ via
Excellent episode. Tim Robbins (grocery friend of one of the podsters) is 6'5". And, hugs Morgan Freeman. Going to watch Shawshank Redemption (Blockbuster #1 1995!) again after this pod.
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Andy Dufresne Tunnel in for an ep full of rocks and one guy being the best. Now streaming 
podcasts.apple.com/us/podcast/tos
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This discussion accelerating across Colorado. Great reporting by : 780 affordable units or 3 houses? Telluride is latest Colorado town where housing, conservation clash coloradosun.com/2023/02/02/tel via
"With five to 10 years of funding increases, public and private stakeholders won’t complete their project pipeline if they don’t also address their workforce pipeline." : The start of America's infrastructure decade. brookings.edu/research/the-s via
Yes, but 'adoption' doesn't = attention. Frequency of use, and time spent with the app, dramatically different. ChatGPT and its derivatives' use -- if successful -- will look more like Word than Insta or TikTok.
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How compelling is AI, even in its current state?
ChatGPT is likely the fastest-adopted product in history. It reached 100M users in 2 months.
It took TikTok 9 months to reach 100M users, Instagram 2.5 years, and Facebook 4.5 years. reuters.com/technology/cha
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Note, Denver (broken record)...:
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NYC property tycoon to give worn-out offices ‘back to the bank’ “When companies are laying off people, they don’t usually take more space. The amount of development projects that we’re hearing about around the country that are stopping is mind-blowing” ft.com/content/60a67e
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There are states and regions whose plans are well underway ... and the rest. Local media (that which remains) has an important reporting role here, holding accountable those jurisdictions which aren't prioritizing these opportunities.
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.@AdieTomer: As federal infrastructure laws implementation move into full swing, the responsibility falls to governors, mayors, and other state and local practitioners to leverage all this federal funding at a time of economic uncertainty. brookings.edu/research/the-s
And, tech skills are in demand in every industry; auto manufacturers hire more software engineers than any other category, now, as vehicles become data centers on wheels....
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WM. BLAIR: “.. data suggests that the recent plethora of [tech] layoff announcements could be more appropriately viewed as an indication of labor market rationalization, where headcount is effectively shifting between companies .. rather than being removed from the market ..”
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"Nearly 54% of working age adults in the U.S. have achieved some kind of postsecondary degree or credential"
States and regions that have not already won CHIPS-related investment -- should be doing this, too.
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To design and build a statewide strategy that meets the expansive needs of @intel’s technicians and suppliers, central Ohio’s public workforce development boards are intensifying their role as conveners, @MarkMuro1 & @laveabrachman write. brookings.edu/research/with-
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Mass Timber:"The project took around six months less to build and involved 80% fewer truck deliveries than an equivalent concrete building, reducing congestion and pollution on the city’s streets... not a single skip went to landfill." theguardian.com/artanddesign/2
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Over the last 3 months, inflation has come down exactly as a soft-landing would predict, wage growth didn't persist but moderated with the reopening to solidly high levels within late 1990s ranges, and the economy added 750,000 new jobs.
This is as Goldilocks as it gets. 6/6
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The 3 jobs manufacturers are struggling to fill in 2023 manufacturingdive.com/news/labor-sho "Nearly 780,000 jobs were unfilled in the industry as of November 2022" via
Good: "The magic here is in building joint models (while) leaving data where it is," : U.S. and EU to launch first-of-its-kind AI agreement
"Say no to Droogs."
" Bad job, Kubi"
Listen to this epi (and skip the film).
Good job, !
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"Produce four to six units per day, compared to three to four years for more traditional project... range in price from $200,000 for a studio to about $400,000 for a three-bedroom unit": Oregon pins hopes on mass timber to boost housing, jobs
Timber's time is returning to building materials in U.S. Did you know there are more acres of forest across America today than 70 years ago?
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Century-old beams and trusses mingle with cross laminated timber in a former metal foundry that is now a Brooklyn startup space for theater artists trib.al/v56NXEp
Good idea; others should follow and the component sequences should be stackable: "Large-Scale Online Masters in AI" :
This week's day, a weekly extra digital magazine for subscribers, is filled with wonderful Colorado stories featuring Samson, the four-legged poacher-hunter; a sauropod; and Carl's Pharmacy, a near-60 family-owned institution in Aspen. Heartily recommend!
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