Oct 27th 2012
In his 2011 book, “Triumph of the City”, Mr Glaeser theorises that this may be an example of what economists call “Jevons’s paradox”. In the 19th century the invention of more efficient steam engines boosted rather than cut the consumption of coal, because they made energy cheaper across the board. In the same way, cheap electronic communication may have made modern economies more “relationship-intensive”, requiring more contact of all kinds.--
A third factor is becoming increasingly important: the production of huge quantities of data by connected devices, including smartphones. These are densely concentrated in cities, because that is where the people, machines, buildings and infrastructures that carry and contain them are packed together. They are turning cities into vast data factories.
http://www.economist.com/news/special-report/21564998-cities-are-turning-vast-data-factories-open-air-computers
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