EDIT: To clarify not just ethnic diversity, but diversity of opinion and openness to all kinds of cultural diversity. For example I see a non-trivial number of non-straight people in startups, and it's pretty easy to argue many parts of the world claiming they want to create a new Silicon Valley are not as embracing as the Bay Area when it comes to sexual identity.
However, I share your hope that the increased ethnic diversity, and the general nationwide cultural trends of young people being more open to new things and will become thought leaders. Of course my reluctant skepticism comes from what I experienced (great anecdote for another venue) of the control of thought leadership by a very narrow good-ole-boy network which appears pretty well entrenched and able to ride out the best intentions of upcoming potential leaders. I was shocked by the examples of outright corruption while living there.
Not to dampen your optimism - I am absolutely cheering you on to be right, as I'd love to see it, but I'm sadly pessimistic.
Still. Not quite sure why my original point that started this thread keeps getting downvoted though - that's several so far, as far as I can tell.
I'm not saying this is bad, but that diversity may not be that important for a silicon valley like atmosphere and that the people who work in tech aren't very diverse. Palo Alto also isn't a very varied place and is the center of the current silicon valley.
I think a meritocracy and a willingness to try/accept new ideas rather than hold on to tradition is the important thing. I think that tends to go along with education, the more highly selected the better.
http://www.chron.com/news/houston-texas/houston/article/Fort...
But I've no doubt Silicon Valley is fairly diverse, although there were a bunch of articles in the last couple of years pointing out how little diversity there is in the management layers of Silicon Valley companies.
http://www.forbes.com/sites/trulia/2012/11/13/finding-divers...
because having lived in New York, and currently between DC and Houston, whenever I'm in Silicon Valley I'm always sort of, taken aback, by the paucity of blacks there. Reading through that article, I see now that it wasn't just my imagination.
Statistically...
it's Houston.
http://blogs.wsj.com/economics/2012/09/07/which-u-s-cities-a...
(I don't really care what city wins, but it was absurd to read that the Silicon Valley area was not diverse...)
Yet that cultural tolerance has been shown time and again to be critical in attracting the creative class professionals which make Silicon Valley tick.
The valley exists on the doorstep of stanford - an incredibly highly selected (this year the most highly selective) university. In addition to that a large portion of the people I've met here come from fabulously wealthy backgrounds (dynasty money) where failure is largely irrelevant because there is always a near infinite supply of backup money.
I think part of the reason the valley does well is because the population is some of the most homogenous and highly selected in the world all living in the same place and there is enough wealth to try things.