Economics/Class Relations

Behind Florida’s big boom

March 9, 2023
Hi, Insiders. I’m Shona Ghosh, a deputy executive editor for Insider in the UK. I’m filling in for Nicholas Carlson.

I’ve been fascinated by the debate around people doing “fake work” in Big Tech. These companies sucked up so much talent during the boom years that there wasn’t enough work to go around. So everyone filled their time with meetings. That’s the view of Keith Rabois, an investor who thinks thousands of employees at Google and Facebook do, well, nothing.

There’s some schadenfreude here. Now that (well-paid) tech workers are being laid off in droves, some might ask: What were you doing that was so great anyway? It seems as if tech exceptionalism is over. But what’s your view? Let me know:

— Shona Ghosh


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Florida’s big boom

Getty Images; Alyssa Powell/Insider


The sun is shining bright on Florida, the fastest-growing state in the US.

For over two decades, the dense metropolises of the Northeast, California, and the Pacific Northwest attracted people with jobs in high-growth industries like tech and finance. But that era has come to an end –– at least for now.

The flexibility of remote work, the boom in entrepreneurship, and the availability of gig work have led to a migration away from industrial centers, and people are seeking fair weather and affordable places.

This interstate battle for people is already taking shape — and Florida is schooling the competition. For other states to compete, they will need to pay attention to what the Sunshine State is doing right


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