The new industries are brainy industries and so-called knowledge workers tend to like to be near other people who are the same. Think of the City of Hollywood. People cluster. This means you have winning regions, such as London and Cambridge, and losing regions. The people who want to be top lawyers in Sunderland are hoovered up by London.

Summary

This quote highlights the concept of clustering in the context of new industries and knowledge workers. It suggests that individuals in these industries prefer to be in close proximity to others who share similar skills and expertise. The example of Hollywood and the mention of winning regions like London and Cambridge imply that certain areas attract a concentration of talented professionals, while other regions may struggle to retain these individuals. The quote also notes that people aspiring to top positions in less prominent areas, such as Sunderland, may be drawn to larger bustling cities like London, potentially resulting in a brain drain effect on certain regions.

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