The New York Times article suggested that the technology industry may no longer be New York City's main growth engine, but Fred Wilson, a partner at USV, a US venture capital institution, disagreed. He believes that the decline in office leasing for technology companies reflects the industry's acceptance of remote and hybrid workforce models, that the number of skilled workers in New York City has remained stable, and that top technology talent has increased significantly. In fact, more than half of the top 50 artificial intelligence companies are in the Bay Area, and 10% are in New York City. The tech industry remains a growth sector this century, and New York City will continue to benefit. The idea that the tech industry is no longer the engine of growth in New York City is laughable.