Which raises the question if Silicon Valley isn’t geographical but is rather a catch-all for the cutting edge and dumb money aspects of the U.S. tech industry. Is the Amazon/Microsoft/Valve tech scene in Seattle any less Silicon Valley than SV itself? Is Austin, which had techbros since the 90s with the likes of Trilogy [0], and an ongoing rush of new blood flowing out of the Bay Area, any less SV? Will VCs moving to Miami turn it into the funding operations center of SV?
As the capital cycle has shifted away from VC towards companies consolidating and needing to make real returns, it's going to be interesting to see if SV can stay what it is until things turn around again.
During the dotcom correction, it was still possible for some people to stick around and eek out a living. Today that's not possible without technologist wages.
Business folks are mostly trend followers now and "leaving California" is a trendy thing to do.
The biggest problem is that the West is allowing them to win, by being addicted to cheap goods and losing the ability to manufacture many things (cost-effectively or at all) ourselves, while China doesn't open up their markets to outsiders, at least nowhere near the same degree as we give them access.
The kind of hubris in this thread tells me despite how asinine these articles are they hit HNs nerve.
The Chinese will for sure have their own version of Silicon Valley and their giants will rival ours, no doubt.
I think there will be other critical centers of tech innovation, similar to how Hollywood is Hollywood but NYC has an industry as well.