Life Blog :: Imagining public libraries, and another real estate crash, in ten years
Imagining public libraries, and another real estate crash, in ten years
The Boston Public Library asks, "Imagine the BPL in 10 years and it’s the best possible public library - what does that mean to you?"
Commenter Diane K. Danielson imagines the library as a place to rent work space by the day:
By 2012 it’s predicted that more of the population will work from home than in an office, I envision more “rentable” workspaces where you could rent for $5-10/day a workspace with internet access, etc. (or pay a monthly pass).
I find that idea very interesting. I've never seen $5/day workspace, except university cafes ($5 worth of coffee and bagels), but the idea can be taken a lot further than public libraries.
I was musing to colleagues today that in a few years, when we have fully immersive 3D virtual reality interfaces, working from home will have a whole new meaning - you'll have a virtual cubicle (or seaside deck, as one prefers), and colleagues will be walking and talking with you in real time just like an office - sitting at a console at home, or in Panera Bread, or the library. And then companies won't need to rent office space anymore - they'll subscribe to a virtual reality cloud software service instead - and the market for commercial workspace real estate will shrivel up, i.e. crash.
Retail stores will become virtual as well; Radio Shack will have all the size, sights, and sounds of the real deal, but exist only as electrons. (Our two-dimensional "e-commerce" that has flipped retail upside down will look like child's play then.) There will be no point in local branches anymore; one or a dozen virtual versions of each chain will be available anywhere at any time. Obviously that doesn't bode well for employment, so how an economy of this sort can possibly work, I don't know.
Food will still need physical space - you can't buy a cheeseburger in a totally virtual McDonalds. And some stores will be able to offer some edge that invites and requires a physical experience. But most won't need or be able to do that.
Only residential real estate will be vital forever - we'll still need a structure to sleep in - though possibly a much smaller one, augmented by virtual expansion. And to support all this virtual commerce, distribution of goods will be more critical than ever: imagine whole highways, air routes, underground tunnels, etc built solely to move things to distribution nodes.
What happens to "local" in this future? The demise of the mom-and-pop store is an old story, accelerated in this recession, but this would be a whole new level. It could be in reverse, however: in a virtual world, location is irrelevant, so every store is on 5th Avenue and a bad store on 5th Avenue might as well be underground. Imagine if eBay were a physical mall. Technology flattens the terrain in both senses of the word. But physical local - your street, your town, your community - could become even less meaningful. If the person in a chat room today has a realistic virtual presence next to you tomorrow, why talk to your neighbor? And what keeps us from becoming the sedentary blobs like the people in Wall-E?
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