Calcanis is framing this as a victory for globalization: create a global rat race to employ people all over the world in their homes, pay them less money and ha

Calcanis is framing this as a victory for globalization: create a global rat race to employ people all over the world in their homes, pay them less money and have them eat the costs of eating, heating etc. Many businesses already attempt to operate in this way, with massive outsourcing of just about everything. These same companies are often heavily financialized and some are zombie companies today in the current economic reality. The reality is that it takes a huge effort to get a good collaborative team of people to work together well on multiple levels. It takes even more effort to keep morale and momentum up. It only takes a few poisonous office politics players to wreck the above. You have to have a strong core and clear direction and that is much harder if remote participants have never physically met. I do think silicon valley is going to take a big economic hit for the next ten years but reinvention is synonymous with the area so it will be interesting to see what emerges next...