New York technicians predict less "big bets" after the release of Amazon. And it's good.



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By Jason Abbruzzese

The growing technology scene in New York City was poised to receive a unique momentum in its life: tens of thousands of high-paying jobs.

Now, with Amazon announcing the cancellation of its plans to build a large office in the Long Island City neighborhood of Queens, the city's technology community – which has been growing for years and remains optimistic – is wondering what she could have been.

"The cost of this rejection will be felt more in 10 years than tomorrow," said Fred Wilson, a partner of New York-based venture capital firm Union Square Ventures, and one of the city's most influential technology investors. , in an email. the next generation of New Yorkers who are the biggest losers today. "

The issues raised by local activists and politicians about Amazon's development reflect a growing national debate about the impact of big tech companies on issues such as inequality, gentrification and housing. – raising fears that New York City will lose jobs and economic development. companies.

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