For whom the bell tolls

California, facing its worst drought in modern times, gets all the press. Arizona, confronting many of the same issues, albeit less severely so far, flies under the radar.
I'm told that the latest meme of is Phoenix 3.0 — 1.0 being an agricultural economy, 2.0 being development and 3.0, now, is moving into the broad, sunlit uplands of a technology economy.
This is only boosterwash. Data centers and profaning the desert with solar "farms" is far from being at the headwaters of the tech economy. Where the innovation happens on a global scale. Where the world talent congregates for high-paid jobs. This is almost exclusively happening in blue states, in a few "technopolises" such as Silicon Valley, San Francisco, Seattle, San Diego, Boston and New York.
The headwaters of advanced industries don't go to states defined by their extreme politics, underfunded education, and cuts to universities.
The reality is that Arizona is desperately trying to restart the growth engine for one, two, maybe three more runs — with championship golf — before the edifice finally collapses. By then, the architects of the short hustle will be living off their profits somewhere else.






