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The title isn't "Why Detroit is the next Silicon Valley" it is the reverse -- a lamentation that the bubble will eventually burst with a certain finality and it
by ihsw 14y ago
The title isn't "Why Detroit is the next Silicon Valley" it is the reverse -- a lamentation that the bubble will eventually burst with a certain finality and it will turn San Francisco into a barren and destitute wasteland (as Detroit comparatively is).
My description is a bit dramatic and I took some artistic license but such a bold statement requires some flair for the dramatic.
- barakm 14y agoOf course the bubble will burst. It's what bubbles do. That said, the idea that SF will plunge into Detroit levels of destitution is preposterous. Even if tech leaves the bay entirely and money flows entirely elsewhere, more people will rather live in CA then MI, on spec alone. A flair for the dramatic indeed. I join my fellow commenter in calling this link-bait. (And for practical critique: I 100% agree with your premise that the bubble will burst and the Valley will lose its hacker panache, relative to other locations. Beware the dramatism, because therein lies the rub.)