Tech:NYC Digest: July 11

Tech:NYC Digest: July 11

July 11, 2023 • Estimated Reading Time: 6 minutes

Tuesday, July 11, 2023

Happy “Black Friday in July”! We’re coming to you from the Tech:NYC Founder House, which opened today to 25 early-stage founders in our network. Here’s a peek at what we’ve been up to, threaded.

  • In today’s digest, checking in on the jobs market, a new way to get MTA updates, and why the office as a playground is over. 

Was this digest forwarded to you? Subscribe here.

  • A new MTA Service Alert system was launched to bring commuters real-time, customizable information on rail, bus, and subway delays. You can sign up for the alerts as either direct email or text notifications. (Newsday)

  • The city’s Planning Department is recommending that Madison Square Garden be given a new, 10-year operating permit to stay atop Penn Station — so long as its operators cooperate with a future redesign of the transit hub. (Gothamist) 

  • New data shows there were 163,124 paid family leave claims paid last year in New York — the highest numbers since the state launched the program in 2018, Gov. Kathy Hochul announced. (Spectrum News)

In other reading:

  • New York Assembly member claims to have introduced the first bill written by AI (City & State) 

  • WeedWork: Inside Work’n’Roll, NYC’s First Cannabis Coworking Space (Hell Gate)

  • Manhattanhenge returns this weekend: What to know about the spectacle (NBC New York)

Today, a quick job market check-in: While tech-related unemployment edged up slightly last month, demand remains strong for many roles— especially anything artificial intelligence-related.

  • Tech sector unemployment reached 2.3% in June compared to the national figure of 3.6%, according to the latest jobs report from the Computer Technology Industry Association (CompTIA).

  • Unsurprisingly, AI is on the rise. The 21,000 AI-related job postings that CompTIA tracked is a new high, representing 10% of all tech listings. 

  • Software developer roles were most common among the job postings CompTIA tallied, with 65,000 postings last month. After that, there were about 42,000 listings for IT project managers, data analysts and related occupations. 

Our thought bubble: We've detailed in this digest how New York is right in the middle of the AI boom, so the city is well positioned to be a national driver of AI jobs growth. Our very own jobs board, stacked with openings at more than 700 Tech:NYC member companies, is another good indicator: It now has more than 5,000 active listings, a new high since it launched almost four months ago.  

In other reading:

  • Managing Gen Z: A 142-point guide for leaders (Fast Company)

  • I Just Found Out I’m Being Underpaid. Now What? (New York Magazine)

  • The office-as-playground is dead. You might prefer what comes next (Fast Company)

  • July 13: In-person: Supercharging your company with AI, with OpenAI developer advocate Logan Kilpatrick and Primary partner Brian Schechter and principal Tobias Citron. Hosted by SVB. Register here.

  • July 13: In-person: PrimeTime VC Live, with Bessemer Venture Partners partner Elliott Robinson, Vamos Ventures principal Ashley Aydin, ANIM Fund partner Jason Scott, and Google for Startups fund manager Samantha Rodriguez. Hosted by PrimeTime VC and Google Cloud. Register here.

  • July 15 – 16: In-person: Catalyst: learn to found a unicorn with the world's leading talent investors. Hosted by Entrepreneur First US. Register here.

  • July 19: In-person: Building a Proptech Startup, with Moved president Caren Maio, Stak Mobility CEO Diallo Powell, a16z partner Sumeet Singh, and Common founder Brad Hargreaves. Hosted by Stacklist. Register here.

Any feedback or suggestions of things to add? Get in touch here. Was this digest forwarded to you? Sign up to receive it directly here.