Well here we are. As quickly as it seemed we got here, our trip has come to an end. What a whirlwind it has been.
Looking forward, I think that, for the most part, it is an exciting time to be in Dublin. If the growth over the last 10-20 years – and more specifically, the last 5 years – is any indicator, Dublin has exciting times ahead. I personally think that a few big events will happen:
First, I think that the multinationals like Google and Amazon that are already here will continue to grow. At the same time, Fortune 500 companies will continue to pour in from abroad. For the foreseeable future, I think that this can only be conceived as a good thing; however, bubbles burst. We’ve historically seen companies or economies that grow too big too fast. Scaling at this speed can often result in a variety of different failures. One problem I could see happening is that the talent gap between huge corporations and small businesses will grow. With so many jobs open at companies like Google and Amazon who offer great pay, benefits, work environments, etc, the small businesses will struggle to find their competitive edge. With this gap, a wealth gap will probably appear, too.
Also, it’ll be interesting to keep tabs on how Brexit affects all of this. Companies need to prepare. As we know, most companies here in Ireland don’t have measures in place to cope with Brexit’s implications. I think Brexit has the possibility to completely topple places like Dublin if they aren’t ready to brace for impact.
All in all, I think Dublin does a lot right. The people, the culture, the economy: everything seems smooth sailing. I think that they have every chance to fight through any hardships and continue to thrive.