Santa Monica 2050: A Strategy to Enhance and Sustain Our Economy
January 22, 2020 3:30 PM
by Andy Agle
This article originally appeared in the January edition of Seascape.
Santa Monica currently enjoys a vibrant economy, but global trends such as artificial intelligence, user options, and connectivity have the possibility to reshape how we work, live, shop and interact. To understand how these changes or others may manifest, the City of Santa Monica has launched Santa Monica 2050 – a strategy to evaluate and prepare the City for the future given the acceleration of technology and the changes that come with innovation. The forward-thinking strategies cultivated 30 years ago by City leaders successfully positioned Santa Monica’s businesses in a variety of sectors to flourish. The question now is what will Santa Monica’s economy look like 30 years from now and beyond?
FUTURE TRENDS AND DISRUPTION DEEP DIVE
As part of the strategy development, the City recently convened local, regional, national, and international industry experts, academics, business leaders, and public sector leaders to share insights and ideas on how technological advancements and global trends might impact and manifest in Santa Monica and the greater Los Angeles Region.
Highlights of the ideation deep dive include:
- Changes in connectivity could create the opportunity to reduce commuting behavior and support our broader sustainability goals.
- Increased artificial intelligence may impact how we learn and access education.
- By identifying risks earlier, we can harness changes related to artificial intelligence, user options, and connectivity to create opportunities for Santa Monica and the region.
Authored By
Andy Agle
Director of Housing & Economic Development