Anderson on today’s changing economy and how that affects Utah

Silicon Slopes is a statewide organization that serves as a support for businesses that either directly or indirectly would be considered a part of the tech or gig economy. That type of new economy was a big part of the recent Utah legislative session.  Lawmakers contend the General Fund will soon be running short to operate the state’s business because the economy is different, different than the economy that public policy and tax policy was originally designed to deal with.

On KVNU’s For the People program on Monday, Chase Anderson, founder of Silicon Slopes Logan, talked about what that means.

“In my opinion, and this is only my opinion, (in) Utah you just have this massive growth of tech companies mostly in the Lehi area. And with that people have seen massive growth. It’s a very visible change. People have been used to seeing that area be farmland for a long time, Point of the Mountain. And so I think it’s a visible change,” he said.

The new tech economy affects services and traditional products that are now brought to the consumer in different ways.

“I think, in most cases, we’re not getting new products from companies, it’s how we get them. It’s how we stay in a place, it’s no longer a hotel it’s an Air BNB. It’s just a different way of staying in a place, we’re getting the same products, we shop for the same products we always have. We just get them through Amazon, or we still consume media we just don’t go to Blockbuster.”

Silicon Slopes’ next Logan event will be in May. The guest speakers and topic will be announced in early April. You can get more information on the organization at SiliconSlopes.com/logan.

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1 Comment

  • One who knows March 20, 2019 at 10:27 pm Reply

    Taxes on taxes on fees on taxes are out of control, we rent our lives from the government and it too broken to fix

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