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Silicon Valley's time is coming soon, it is going to go the same way as Hard Rock/Heavy Metal music scene on the Sunset Strip, LA in the 90s. I give it 10 year
by tomaytotomato 3y ago
Silicon Valley's time is coming soon, it is going to go the same way as Hard Rock/Heavy Metal music scene on the Sunset Strip, LA in the 90s.
I give it 10 years time before it turns into a town just living on its old glory, with tourist attractions like:
- "This used to be a bar where Google's exec team drank"
or
- "This was the hotel Mark Zuckerberg threw an Oculus Rift into the pool"
or
- "Oracle datacentre re-enactment theme park, with real old beard Oracle DBA you can interact with"
Reference: https://youtu.be/AUrHVWa3s2Y https://youtu.be/AUrHVWa3s2Y
- gsky 3y agoUnless dollar looses it's reserved currency status Silicon valley is going to be fine
- Timber-6539 3y agoSilicon valley's tokenomics are going bust because of the Fed's tightening. Loosing the reserve currency status is another matter altogether which should scare the future of the American economy.
- astrange 3y agoThat wouldn't matter. "Exorbitant privilege" is a thing but it's not that much of a thing. Notice Argentina, which has the opposite of our privilege, still gets loans - there's no other set of countries for lenders to go to. The reason it looks like we have magic fiscal policy and Europe doesn't is that Europe just loves austerity and refuses to print money basically because they're stubborn. They could and should do it too.