I needn't point out that "perpetual erosion" in Detroit is a recent phenomenon, and that Baltimore is a lot smaller than San Francisco. Not too long ago (say,

I needn't point out that "perpetual erosion" in Detroit is a recent phenomenon, and that Baltimore is a lot smaller than San Francisco. Not too long ago (say, the year 2000), the free market of the tech industry lost bountiful wealth. Bill Gates, freshly wealthiest man in the world, laments the limited influence of his $5 billion has in US education, a $800+ billion national expense. I'm not sure anyone in the Economist is jealous of anything. At least they get to write for an intelligent audience. I'm pretty sure at the highest echelons of SV engineering, all that you can really claim is writing PHP code to help people share dick pics and earning a lot of money.