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Can the UK Create Something To Rival Silicon Valley?
An anonymous reader writes "Hoping to bring together ambition, creativity and energy in one place, the UK government hopes to grow East London so that we can benefit from the same sort of success that has been seen in California; jobs, tax revenue, highly skilled workers and takeovers. If it works, the country would massively benefit, with something to rival other established industries."
A good start would be not offering to arrest and deport people who broke no law in your country.
The UK doesn't have any PC manufactures.. ..Because they have not yet found a way to make PCs leak oil.
Look at what happened with the Raspberry Pi, import taxes pretty much sunk any possibility of building it in the UK.
I am one of those people who came to the UK to jump form a successful startup (Playfish) to another successful startup (Plumbee), but my main problem is finding a place to stay that works out. I want a place that is: - Close to the office - Got decent standards - Is affordable - I can have for a long term In London I can only choose two from that list. Then there are extremely greedy landlords and sleazy estate agents that will only want to fool you of your money in a not so well regulated business. This is practically making it impossible for me to be able to save up money and continue to do my job here, and is the main reason for me wanting to move away from London as soon as possible and leave this wreck of a housing market behind.
the UK government hopes to grow East London so that we can benefit from the same sort of success that has been seen in California;
- DOA, just like Russian version of Silicon Valley (Skolkovo).
That is unless the government in UK is planning to get rid of regulations, taxes, labour laws and inflation of-course.
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You mean like china, where all of those problems can disappear for a big enough wad of cash.
No
What is the author smoking. California currently has $380 billion in devt and a 10.8% unemployment rate. I would call that far from being successful.
If I were the UK, I would not want to model anything after California
sudo make me a sandwich
Also, no non-compete contracts.
If there are enforced non-compete contracts then there will be no community of individuals to hire to create a "Silicon Valley".
Don't know something? Look it up. Still don't know? Then ask.
The boat sailed on a Silicon Valley workalike about 25 years ago. What with all the tech patents, software patents, business model patents, and patent trolls sewing up innovation unless you're already IBM, Microsoft, or Apple, you won't be able to innovate and defend anything What are they thinking, incubate and develop the next Facebook? The next PayPal? TechLawyers.com?
Understanding the scope of the problem is the first step on the path to true panic.
Hey, Wild West swings both ways, ya know? You cannot tell government to stay out of your way and then come back whining when it does.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
so that we can benefit from the same sort of success that has been seen in California
Yes, and for free, if you order now, you will also receive:
*Crushingly high real estate prices
*Monstrously overcrowded prisons
*Bankrupt schools
BUT WAIT! THERES MORE! Be one of the first 100 callers and receive, as our special gift to you:
*Shortages of electricity and water!
*Political leadership totally devoid of morality, consistency, or backbone!
But seriously, California is a "hotbed" for ONE single reason: The weather is nice pretty much all year long. Anyone who lives there and tries to sell you on something else is lying to themselves. People go for the nice weather, and they put up with the constant bullshit because hey, it like never snows, unless you live in the mountains, which are only like 2 hours' drive away from the beaches... So why not live there? Right? And once you get enough smart people in one place (they are bound to turn up when you have 30 million people to start with) things just sort of take shape.
So, UK, you want your own Silicon Valley? Get a warm-weather generator, a couple of nice schools, a semi-pristine coastline, then fill it over the top with people, and wait 50 years. You will probably get something like that, or hey maybe you will end up with something like Haiti. Could go either way.
I think that Silicon Valley and innovation these days mostly means software development and services on the Internet, and not so much hardware devices and operating system.
I also wonder why technologically minded people would want to move to a place and innovate when you get arrested for a tweet. Now before +Troll, think about it for a second. Most people responsible for innovation these days don't like regulations constraining the Internet, and certainly not regulations and laws that get users thrown in jail.
The UK truly is a pit of shit right now as far the Internet, freedom, privacy, freedom of speech, etc. is concerned. Not exactly attractive to most of the talent in the rest of the world. If you are already there you are just making the best of it.
California is broke because of Prop 13. It basically cut out from under it the main funding mechanism for the state government property taxes and then put severe limitations on how the state could raise funds through other mechanisms by making any tax increase in other categories like sales tax or income tax too difficult to enact. As such the previous high-tax/high-service government that Californians enjoyed became unstainable.
Additionally, due to the initiative system the state has almost no control over it's finances. Something like 70% of the budget is mandated spending by initiatives, with a large portion of the remaining 30% either things you have to spend money on like police, or required via Federal funds. It's why to pass a budget every year they always need to resort to some tricks. And with the requirement that they need 2/3rds majority to pass any budget, instead of 50%+1 like every other state in the union, means the minority party has no interest to negotiate.
Nottingham has tried it several times already.
Highfields Science Park began as, and is still, a niche research facility owned and administered by the University of Nottingham. Its original commercial intent was as a supportive facility for tech startups.
The Lace Market quarter was renovated and equipped with facilities aimed at Dotcom startups. Failed. Most of the units now sit unused and unoccupied, and almost entirely owned by New College Nottingham and now used mainly for storage.
The Howitt Building was renovated much as the Lace Market was, as a springboard for tech companies. Has never had more than 25% occupancy. Owned and run as a secured building by the City Council, with the accompanying extortionate office rents.
The Island Business Park is currently occupied by the BBC, Experian, Capital One and the NHS. Little else, more than half the site is still undeveloped.
We're talking about the place where electron microscopes, CAT scanners, and several more of the most amazing medtech breakthroughs in history have been made. *Nobody* is interested in setting up shop there except Boots, Capital One, Experian and Games Workshop?? Makes me wonder why...
Operation Guillotine is in effect.
I'm an employer in the UK but lived in US for 5 years. UK's pretty good for employers really. You have to provide more time off (minimum of 5.5 weeks off per year) but that's offset by not having to provide health insurance. You have to be a bit more careful about firing people (if they've been with you more than a year) than fire-at-will states, but you're less likely to be sued for some random bullshit because people just don't pull that crap as much here. Compared to the rest of Europe -Italy:paperwork and regulations are horrendous, france:everyone is on holiday all the time, hungary: tax doubles your costs, etc.. the UK is very employer friendly.
http://rareformnewmedia.com/
Your summary of the article is stupid. None of those sentences are quotes. In fact the article states at the end that SVs great weakness is that it's a crap place to live, directly contradicting what you wrote. Here's an actual quote:
Yes, yes it is. Having lived temporarily in the Valley and grown up in the UK, I'm pretty sure I don't want to live along the US-101. I'd do it if there was some really compelling reason, but otherwise no thanks - love the sun, hate the driving. Rents and property prices in London are absurd and most likely still a bubble, but other than that it's not a bad place to live at all.
Your other points (not quotes) are also pretty stupid. There are a ton of well educated people in London, as well as many Brits working for Silicon Valley based companies. The UK has a long history of computer science, you know about Bletchley Park, right? The BBC Micro? The government doesn't deserve any credit for it (the BBC does!) but there were a ton of people growing up in the 80s and 90s who had access to really good computers and lots of educational material about them. It certainly got me started. At 28 I'm now a senior engineer at Google (in Switzerland).
BTW I think it's really great that companies like Amazon, Facebook and the big G have set up shop in London. These companies are great at training people who can then develop the confidence and skills to go do their own companies (Facebook was practically made of ex-Googlers back in the day, don't know if it still is). Especially anything internet related that might scale up fast will benefit a lot from the pool of skilled workers these companies will attract and create.
My previous employer had a non compete clause, but then they were an American company (though they waived it when they moved our dev jobs out of the UK and made us redundant). My current employer (which is British) doesn't, and I don't remember any British company that I worked for having one.
At some point, somewhere, the entire internet will be found to be illegal.
That's "Siliconionium" to you, pal