Summary

Google, Facebook, Amazon and other tech titans all have offices there in Hudson Yards along Hudson River, the West Side of New York. This is called agglomeration where businesses gather for each other and the same resources. 

This agglomeration makes workers more productive and companies more competitive. The agglomeration pulls labor away from the rest of the country. 

The tech tycoons chose New York because of highly specialized workers. Workers in New York are  more educated above the national average. New York also expanded subway, invested in infrastructure, opened more space for tech companies after the old under-utilized industrial lands are transformed. Universities in New York are also a key catalyst. 

But the excessive and poorly-managed agglomeration also poses challenges for both people inside and outside. There are high housing prices, rental prices, and increasing commuting time. However, in some cases, wages and employment levels are not picking up. 

大的科技公司都在哈德逊广场占据一席之地，它们相互比邻聚居。为什么？

1.因为这里人才济济，纽约城市居民的受教育程度高于全国其他地区。这里还有很多大学。当硅谷之类的传统人才区式微时，这里是个不错的选择。

2.因为集聚的力量很大，可以源源不断地吸引更好的资源。不管是公司还是人才，都可以强强联合，联动发展。更有效率，更有竞争力。

但是集聚也会带来很多问题。什么问题？

1.交通拥堵

2.物价上涨，特别是房价

3.薪水和就业赶不上集聚速度的话，对于在这里工作的人来说，过度集聚就是pain in the ass了。

Vocabulary

Agglomeration （同类/相似实体）聚集的现象

There is a catch 存在潜在问题/不利因素

Traffic-choked 交通拥挤的

Expensive 物价高的 （用来形容城市和地点）

sth isn't working for you 对你来说不是件好事

Heartland 中心地带

National average 国家平均水平

Cluster 群，聚集之物

Opened up capacity 释放了能力

Get over here 到这里来

Proximity-nearness 接近

Chart 图表

Outpace 速度超过

Bay area湾区

旧金山湾区（San Francisco Bay Area），简称湾区（The Bay Area），是美国西海岸加利福尼亚州北部的一个大都会区，主要城市包括旧金山半岛上的旧金山、东部的奥克兰和南部的圣荷西等，硅谷（Silicon Valley）位于湾区南部。

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