4 ms·
I'm not so sure that California is ahead of the rest of the country. The effect of the tech industry on the Bay Area's fortunes is not that unlike the effect of
by notacoward 8y ago
I'm not so sure that California is ahead of the rest of the country. The effect of the tech industry on the Bay Area's fortunes is not that unlike the effect of the auto industry on Detroit or even the textile mills on New England. Silicon Valley is just the latest iteration of a cycle that has existed for a long time.
- HillaryBriss 8y agoit seems like global competition is the force that ultimately damaged both Detroit's auto industry and New England's textile mills. on the surface at least, it seems reasonable to guess that, somehow, global competition will be the force that ultimately dethrones Silicon Valley.
- dsfyu404ed 8y agoThe "you can't offshore tech" arguments of today are basically the same "you need skilled labor to manufacture this, they can't do that in the 3rd world" arguments of decades past.
- Nasrudith 8y agoThey did try to offshore tech but it failed to fully displace for various reasons. I'm curious were there attempts at remote industrial outsourcing in the past that failed? I know that Ford attempted his own South American rubber plantation that essentially ended up in literal rebellion due to being a control freak, cultural imperialist and poor agricultural planner. https://en.m.wikipedia.org/wiki/Fordlândia https://en.m.wikipedia.org/wiki/Fordlândia
- HillaryBriss 8y agoFor SV's demise, I think the pattern to watch for is corporations like Toyota or Honda. During the decades of their ascendancy, they actually understood the US consumer better than their Detroit counterparts and built cars the US consumer favored. Then they built factories in the US. Yet, they remained truly Japanese companies.