The Death Of Silicon Valley?

June 30, 2013 in Daily Bulletin

Derek Thompson thinks that soon Silicon Valley will go the way of Detroit. A once-famed hub of innovation that loses relevance. What could cause such a calamity: rising sea-levels? Valley competitors? Corporate Corruption? Worse actually. Boredom:

  • Silicon Valley is…boring. It’s essentially a suburb.
  • The individuals that drive innovation in the Valley tend to be younger and prefer to live in cities where there are things to do.
  • Being able to ride to work or shop locally also appeals to the Valley crowd and is also difficult in the Valley environment.
  • San Jose, San Francisco, and, further east, New York and Washington, are likely to be the places where the innovators will end up.

Read more here.

Source: The Atlantic