WEBVTT

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WHAT IS THE GIG ECONOMY AND

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WHY IS IT MOVING FORWARD IN

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INDIANA? AND WHAT'S NEXT FOR THE

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46 MURALS INSTALLED IN

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INDIANAPOLIS WHEN THE CITY

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HOSTED THE SUPER BOWL A DECADE

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AGO?

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OUR PARTNERS AT THE IBJ ARE

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LOOKING INTO THIS AND MUCH

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MORE FOR A LOOK AHEAD AT WHAT'S

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INSIDE THIS WEEK'S IBJ, WE ARE

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JOINED BY LESLEY WEIDENBENER.

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LESLEY, WELCOME.

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>> THANKS, GERRY.

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I ALWAYS APPRECIATE BEING ON.

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>> YEAH.

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YOU KNOW, A STORY I DIDN'T

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MENION, WHICH I THINK IS A

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REALLY INTERESTING STORY, THAT

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MICKEY HAS A PIECE ON THIS WEEK.

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THAT'S THE INTEL DECISION.

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OHIO WON THAT MEGA PROJECT,

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$20 BILLION MICRO CHIP

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PROCESSING AND MANUFACTURING

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FACILITY, A HUGE WIN.

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THOUSANDS OF JOBS.

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I KNOW MICKEY IS GOING TO BE

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TAKING A LOOK AT HOW OHIO GOT

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IT, MORE SPECIFICALLY, WHAT

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INDIANA DID OR DIDN'T DO MAYBE

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IT SHOULD HAVE.

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>> GERRY, THIS IS THE LATEST

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KIND OF MEGA DEAL, WHICH WE

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CONSIDER ANYTHING OVER A BILLION

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DOLLARS TO LAND SOME PLACE OTHER

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THAN INDIANA, SO WHAT MICKEY IS

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TAKING A LOOK AT AND EMILY HAS A

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STORY TO GO WITH THIS, IS WHAT

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IS THE LEGISLATURE DOING, HOW

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ARE THEY REACTING?

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THEY ARE WORKING ON LEGISLATION

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THAT WOULD CHANGE INDIANA'S

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INCENTIVE STRUCTURE, AND GIVE

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THE IEDC FLEXIBILITY AND A

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LITTLE MORE MONEY TO TRY TO

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ATTRACT SOME OF THESE BIG DEALS.

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>> YEAH.

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WHEN THINGS LIKE THIS HAPPEN,

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YOU LOSE OUT ON ONE OF THOSE BIG

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DEALS, ESPECIALLY TO A NEIGHBOR,

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IT IS KIND OF AN EYE-OPENER TO

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BE SURE.

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>> YEAH, YOU KNOW, LILLY JUST

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THIS WEEK ANNOUNCED IT WAS

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PUTTING A HUGE PLANT IN NORTH

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CAROLINA.

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SECOND BIG INVESTMENT IN NORTH

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CAROLINA.

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AND SO IT'S THOSE KIND OF DEALS

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THAT MAKE A HUGE DIFFERENCE.

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THESE HIGH TECH MANUFACTURING

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JOBS, THESE ARE THE KIND OF JOBS

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THAT AREN'T REMOTE, THAT PEOPLE

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CAN'T WORK FROM OTHER PLACES.

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SO THESE ARE REALLY IMPORTANT

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PROJECTS.

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>> IMPORTANT ON LILLY, TOO,

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MASSIVE ON RESEARCH, TRIANGLE

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PARK.

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THE GIG ECONOMY IS MOVING UP

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MARKET HERE IN INDIANA, THE

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TREND AMONG STARTUPS TO HIRE

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FRACTIONAL EXECUTIVE.

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>> THAT IS A TERM I WAS

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UNFAMILIAR WITH UNTIL SUSAN ORR

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STARTED WORKING ON THIS STORY.

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WE THINK OF GIG WORKERS, PEOPLE

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DELIVERING FOOD, DRIVING UBERS,

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LOTS OF COMPANIES NEED FOR

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EXAMPLE A REALLY GOOD CFO OR

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MAYBE A REALLY GOOD MARKETING

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OFFICER, BUT THEY'RE JUST NOT

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BIG ENOUGH TO HIRE A FULL-TIME

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PERSON.

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SO WHAT FRACTIONAL EMPLOYMENT

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ALLOWS IS FOR THE COMPANY TO

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HIRE SOMEONE FOR MAYBE 12 HOURS

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A WEEK, OR 20 HOURS A WEEK ON

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CONTRACT, AND THEN THAT PERSON

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CAN THEN ALSO WORK AT ANOTHER

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COMPANY.

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IT HAS BENEFITS, SOME DRAWBACKS,

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BUT BENEFITS FOR BOTH SIDES.

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>> VERY INTERESTING.

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FINAL STORY, THIS IS

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INTERESTING.

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46 MURALS THAT WERE INSTALLED IN

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INDIANAPOLIS FOR SUPER BOWL 46

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TEN YEARS AGO NOW, A LOT OF

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REFLECTION ON WHAT TRANSPIRED

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THEN.

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WHAT'S NEXT.

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THESE MURALS ARE KIND OF AT THE

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END OF THEIR LIFESPAN, RIGHT?

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>> THEY ARE, THEY WERE MEANT TO

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LAST TEN YEARS, AND SO THAT'S

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WHERE WE'RE AT NOW.

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AND SO THE INDY ARTS COUNCIL IS

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LOOKING AT THOSE.

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OF THE MURALS THERE ARE A FEW

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THAT ARE ALREADY GONE.

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BUT THEY'RE LOOKING AT THE ONES

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LEFT AND DECIDING WHICH ONES

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SHOULD WE MAINTAIN.

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FOR EXAMPLE, KURT VONNEGUT ON

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MASSACHUSETTS -- MASS AVENUE.

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THEY ARE TALKING TO ARTISTS AND

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BUILDING OWNERS WHETHER THEY

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SHOULD BE MAINTAINED, HOW

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THEY'RE GOING TO RAISE MONEY TO

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DO IT.

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>> INTERESTING TO SEE WHAT IS