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Are Silicon Valley's Glory Days Over?

Hugh Pickens writes "Pete Carey writes in the Mercury News that there are 'clear warning signs' that Silicon Valley has entered 'a new phase of uncertainty' in which its standing as a tech center is at risk and that decisive action by business, government and education is needed if the region is to retain its standing as the world's center of technical innovation. 'It could be that Silicon Valley has a different future coming,' says Russell Hancock. 'It's not a given that we will continue to be the epicenter of innovation.' Among the troubling indicators in the Silicon Valley Index (PDF): 90,000 jobs lost in the last two years; the influx of foreign science and engineering talent has slowed; venture capital funding has declined; per capita income is down 5 percent from 2007; and the number of people working as contractors rather than full-time employees is rising. Adding to the valley's problems is a malfunctioning state government that is shortchanging investment in education and infrastructure."

5 of 335 comments (clear)

  1. DAMN HIPPIES SMOKING TOO MUCH POT!! by Anonymous Coward · · Score: -1, Offtopic

    In my time, we didn't smoke pot, we sprayed it!!

  2. Re:We need a Caste System Too by Anonymous Coward · · Score: -1, Offtopic

    It's the extremely progressive state government which has caused most of the problems, but don't let any facts get past those ideological blinkers of yours.

    People like *YOU* are the problem- babbling the same old talking points. Blah blah blah evul republicans blah blah blah bullshit as the whole thing comes crashing down and the state government is the only employer left standing, although they're handing out IOUs instead of paychecks. You ideologes just need to fucking die off already so the rest of us can just do what works without consulting some manifesto to make sure we maintain our political purity and precious bodily fluids.

    Fuckhead.

    And I'm sure you'll just assume I'm some right wing teabagger. Go ahead. You know you want to, You know you can't help it.

  3. Richard Marx Stallman is a communist pedophile. by Anonymous Coward · · Score: -1, Offtopic

    "I am skeptical of the claim that voluntarily pedophilia harms children. The arguments that it causes harm seem to be based on cases which aren’t voluntary, which are then stretched by parents who are horrified by the idea that their little baby is maturing."

    --Richard Stallman

  4. Re:You should sell your computer for the homeless by tjstork · · Score: -1, Offtopic

    You don't want to strike it, you like getting more than your fair share and you don't give a damn about other people less lucky than you. That's fine, good for you! Sleep well.

    Like, I'm asking for more than my fair share by wanting my son to go college.

    --
    This is my sig.