Skip to Content
Silicon Valley

Silicon Valley is dead. Long live Silicon Valley!

Claims that the homeland of technological innovation has had its day are overblown.

The news: The New York Times published an article yesterday declaring: “Silicon Valley is over, says Silicon Valley.” The gist: a dozen venture capitalists visited the Midwest—from Detroit, Michigan, to South Bend, Indiana. They “caught the heartland bug” and began to “fantasize about relocating there.” And, it argues, they confirm a wider sentiment among some entrepreneurs and tech leaders that the time has come to leave the Valley. But not everyone is convinced.

Long time coming: Mark Muro, director of metropolitan policy at Brookings Institution, notes that it’ll be some time before Detroit is the new Silicon Valley. “Heartland metros will need to do hard work to emerge as truly viable tech and high-value growth centers,” he explains on Twitter.

Room for more: Ian Hathaway, research director at the Center for American Entrepreneurship, wrote a nice riposte to the Times. He says the article’s thesis “implies a Silicon Valley downfall will be a big win for everyone else” but argues that tech innovation isn’t a zero-sum game, so the logic doesn’t hold. Silicon Valley will continue to be a magnet for talent and cash, he says, even if other metros also attract some of their own.

In other words: Silicon Valley will happily live on until the competition is strong enough, and even then it might continue to succeed.

But: It’s worth being cautiously optimistic about other American tech hubs. “Look at the green shoots occurring in many other places, celebrate them [but] be realistic about what can be achieved and over what timelines,” writes Hathaway. “For if we don’t ... frustration sets in and momentum is lost.”

Keep Reading

Most Popular

VR is as good as psychedelics at helping people reach transcendence

On key metrics, a VR experience elicited a response indistinguishable from subjects who took medium doses of LSD or magic mushrooms.

This nanoparticle could be the key to a universal covid vaccine

Ending the covid pandemic might well require a vaccine that protects against any new strains. Researchers may have found a strategy that will work.

How do strong muscles keep your brain healthy?

There’s a robust molecular language being spoken between your muscles and your brain.

Stay connected

Illustration by Rose Wong

Get the latest updates from
MIT Technology Review

Discover special offers, top stories, upcoming events, and more.

Thank you for submitting your email!

Explore more newsletters

It looks like something went wrong.

We’re having trouble saving your preferences. Try refreshing this page and updating them one more time. If you continue to get this message, reach out to us at customer-service@technologyreview.com with a list of newsletters you’d like to receive.