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Locality has natural efficiencies, which is why cities and caches are so powerful. That can't really be fought head-on in the short term. But over a longer peri
by robotresearcher 4y ago
Locality has natural efficiencies, which is why cities and caches are so powerful. That can't really be fought head-on in the short term. But over a longer period the increasing costs of a white-hot locale will cause other places to be more appealing. And new tech can find a new natural place to land with costs as part of that.
This is happening all the time. A hundred years ago the Santa Clara (Silicon) Valley was orchards. Detroit was getting rich on the latest tech wave.
A hundred years before that, the North of England was making fortunes in the Industrial Revolution.
In our lifetimes China has changed incredibly. Foxconn is now a big name company that employs over a million people and moved a lot of money into the places they operate.