Economic growth is the future is likely to be concentrated
around urban knowledge centers:
http://blogs.wsj.com/economics/2016/09/29/what-makes-austins-economy-like-bostons/
“Half of the world’s seven billion people now live in cities, and two-thirds are expected to do so by mid-century. Among them, the study’s 123 metro areas stand out for size and output. They include 13% of the world’s population but create a third of economic output and two-thirds of patents. They absorb more than a quarter of foreign direct investment and 80% of venture capital, according to the Brookings Institution analysis.”
“Half of the world’s seven billion people now live in cities, and two-thirds are expected to do so by mid-century. Among them, the study’s 123 metro areas stand out for size and output. They include 13% of the world’s population but create a third of economic output and two-thirds of patents. They absorb more than a quarter of foreign direct investment and 80% of venture capital, according to the Brookings Institution analysis.”