Can Silicon Valley Stay Relevant?
from the moving-overseas dept
An interesting article predicting that Silicon Valley is going to have more difficulty staying relevant as more jobs continue to move overseas towards cheaper labor. On a related note, Kevin K submitted this interview with Craig Barrett from a couple weeks back, where he talks about moving jobs to Asia for the sake of finding better educated (read: cheaper) employees. This argument has come up many times over the years, and both sides seem to make sense. The reality, then, is probably somewhere in the middle. Clearly, cheaper, well-trained labor elsewhere is a draw for companies. However, part of what made Silicon Valley work so well was the unique infrastructure and support system that was built up around here. I’m not saying this can’t be replicated, or that things won’t be different in the future, but people who tend to focus on how one factor is going to drive huge economic changes tend to miss the really important stuff.