Really? Go ask the music industry. Go ask any ex newspaper journalist. Go ask a postal employee. Go ask Kodak film company. These guys all thought they were 'still on top' - long after they had been fully replaced.
New York was the clear boss 50 years ago. That shit is so over.
With P2P, with bitcoin, finance can be done any where, not necessary centralized in New York. I would be interested in seeing what NY will be in 30 year's time.
you won't have to wait that long. It'll all be pretty much done in about 3 years.
Those NY Guidos are totally gone. Banks are next. You can thank Patrick Byrne in part for taking a nice early lead - despite the fact that he is a total weirdo.