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Steve Bosserman

The Booming Industry Emerging From Louisiana's Vanishing Coast | Fast Forward | OZY - 0 views

  • According to a 2016 study by the nonprofit Greater New Orleans, this fledgling water workforce will grow by more than 20 percent over the next 10 years, creating more than 13,600 snazzy new titles like conservation technician, civil engineer and environmental scientist that pay an average of $69,277, well above the national average salary. “Louisiana is one of the first to turn the issue of climate change from an environmental one to an existential and economic one … through the cutting-edge jobs of the future,” claims Greater New Orleans’ executive vice president and chief operating officer Robin Barnes. Which is the city’s way of putting up a NOW HIRING billboard.
  • Meanwhile, troubled coastal cities around the world are taking note, says Bren Haase, head of planning for the Coastal Protection and Restoration Authority. With a playbook in place, Louisiana already boasts a 50-year, $50 billion plan to rebuild the state’s coasts, one that’s grounded in decades of data and science; it’s also being translated into several languages, including Vietnamese, Spanish and French, for other countries to reference. Flush with billions of dollars from the settlement in the catastrophic BP oil spill, the Coastal Master Plan could hold key clues for other places facing a similar fate in the future, says Haase, including flood-risk areas like New York, London, Singapore and Kiribati. Moreover, Louisiana’s coastal restoration sector is fueling high-tech projects like artificial oyster reef creation, advanced hydrologic modeling and geosynthetics, which will help shore up the state’s defenses against behemoth hurricanes and oil spills.
Steve Bosserman

Will the Sharing Economy End Capitalism as We Know It? | POV | OZY - 0 views

  • With even nursing at risk of becoming an on-call gig-working Uber-like profession, the model could bring about the end of employment and become the main way of organizing labor in the new economy, thinks Sundararajan. But problems arise when casual side hustles turn into full-time gigs. We have “painstakingly” built a system of worker protections, minimum wages, regulations and pension schemes that “transformed full-time employment from something that was pretty reprehensible 100 years ago to something that looks pretty good in many countries today,” says Sundararajan. How will a crowd-based economy look after its workers?
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