Steve Lohr's article in the NY Times begs the question is Silicon Valley turning into Detroit? Especially when Goldman Sachs calls 2005's IT growth at 4% and remarks ... ... that "technology looks to be firmly in the cyclical category for now." This against the backdrop of PC Forum's desert climes. The theme reached out to support new industries such as health care, education. Even so far as outer space. But that's a good thing. When IT is only selling to IT, we know where that leads. I read I'm not sure there is any other way. Outer space is a big place, and colonizing the martians is futile. But back to Detroit, not that there is anything wrong with the city. Here is a way of thinking about economic geography. Other regions may have been positioned for trade, produced efficiently, financed trade or produced means for transport. But have other regions provided this plus produced goods that enabled others to produce with such economies? In other words, past revolutions produced for others to consume, but net net, we produce so others can produce. Naturally technologies diffuse until they become infrastructure, but are social infrastructure a fundamentally different economic input? Source: Ross Mayfield is CEO and co-founder of Ross Mayfield's Weblog which focuses on markets, technology and musings.
Silicon Valley Will Never Be Detroit
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