As an outsider, for me the interesting part is if those who move out will be able to replicate SV.
People like to claim that Europe missed on tech because of regulations but there’s no EU regulations in TX or FL or AZ or anywhere outside of Europe and yet no successful replications so far. Many places are actively trying to replicate it, Silicon Valley of this Silicon Valley of that and no one ever came close.
It would be very interesting if AZ, for example, becomes the next SV so we can study it.
On the other hand, China and India seem to have their moments in hardware or niches or Scandinavian countries in EU are seeing some success too.
Anyway, it’s curious to see the effect of people moving around.
Historically, the outmigration has been lower-income than the in-migration (lower wage workers and retirees are major subsets). They aren't going to replicate Silicon Valley, they are leaving largely because they are the people who weren't (or were done) participating in the successful segments of industry driving California prices higher, and are moving for lower prices.
People like to claim that Europe missed on tech because of regulations but there’s no EU regulations in TX or FL or AZ or anywhere outside of Europe and yet no successful replications so far. Many places are actively trying to replicate it, Silicon Valley of this Silicon Valley of that and no one ever came close.
It would be very interesting if AZ, for example, becomes the next SV so we can study it.
On the other hand, China and India seem to have their moments in hardware or niches or Scandinavian countries in EU are seeing some success too.
Anyway, it’s curious to see the effect of people moving around.