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Something that has been concerning to me over the past few years is the shortsightedness at the national level. Sure, a national endeavor for growth can includ
by EternalFury 14y ago
Something that has been concerning to me over the past few years is the shortsightedness at the national level.
Sure, a national endeavor for growth can include tax policies, broadband programs, educational reform, capital investments, flexible monetary policies, etc.
BUT, I think one of the most important and worthwhile goal should be the decentralization of high-growth job centers.
Setting up shop in Silicon Valley these days is ridiculously expensive. Besides, basing a large percentage of your high-growth businesses in an area that may be ravaged by a natural disaster at a moment's notice is clearly unwise.
Furthermore, the success of the nation should not be tied to the fate of Silicon Valley, or the fate of 3-5 major job centers.
Hence, a national priority should be to decentralize this economic activity across the country.
There is no catch-22 here, contrary to what people say. ("We set up shop here because all the qualified workforce is here.")
With real estates, school expenses, public transportation capacity and urbanization reaching unsustainable levels, there is no doubt start-ups would benefit from setting up shop in less expensive areas, where their employees could live without mortgaging themselves to retirement or sacrificing the well-being of their family members.
- usaar333 14y agoWhile centralization has its risks, the benefits of an entire industry being in close proximity to helping good ideas spread cannot be understated.
- EternalFury 14y agoAgreed, but it can also lead to herd behaviors, where every other start-up aims to become another Facebook, Twitter, Google or whatever symbol of the day.
- Daniel_Newby 14y agoYou mean like Austin, Seattle, Boulder, Huntsville, D.C., and so forth, just to rattle a few off the tip of my finger? The Bay Area is already not the center of the tech universe, contrary to what the HN Opinion Amplifier might lead you to think.
- EternalFury 14y agoSilicon Valley, Seattle, Austin, Chapel Hill, Boston/Cambridge, New York ~= 90% of the pie. I guess that's not concentrated enough for you.