Is the Valley dead and has the Internet become the "Virtual Valley"?
Robert Scoble reflects on what is going on in the valley:
Robert Scoble: Scobleizer Weblog -> "Is the Valley dead? Nah. But it's going through some tough times. The TV said about 150,000 jobs were lost here last year. Everywhere I look I see vacancy signs. My wife is laid off. My brother is laid off. My brother-in-law is laid off. If it gets any worse, they'd have to call it a depression here.
This is a great place to live, though. I'll miss it. Of course, like Larry Tesler told me in the plane, you can always come and visit for a $130 1.5-hour flight.
One question: if things are so bad in the valley, why the heck are housing prices so out of whack? I guess someone still wants to live here."
[Robert Scoble: Scobleizer Weblog]
I wonder if the Valley, at least the software sector is having the some of the same problems of that of the IT conference circuit. Is the Internet making it irrelevant? Is the Internet and social computing turning into a 24 hour "Virtual Valley"? Has the Valley helped to put itself out of business?
I remember visiting the Valley for the first time in the early 90s, during the 90's recession. I worked at that time for a World Class Research Laboratory in Telecommunications. That was our mission. We were inventing the future in telecommunications. Video On Demand and Super Conductors were some of the hot topics the lab was leading at the time. Wow I thought. Nobody ever told me how ahead in thinking and technology implementation the west coast was. It's like know one took the time to find out. Just going to the malls in the Valley blew me away. It was like truly going to the future. I saw in malls stuff I never had even seen in magazines. It was evident people here were visionary and took risks. I convinced myself some of these things would never make it back home (and they never did) on the east coast and other were sure winners. It seemed like a technology candy store to me at the time.
I was in technology shock for months. I couldn't wait to go back. I dreamed of moving there some day.
But that was over ten years ago. The Internet and Web are here. Things seem so different.
In the mid 90's we kept hearing how the Web would "level the playing field in publishing". Blogging has proven that can happen. Has the Internet and Web also leveled the playing field in what the Valley had.
Just as Dave would have had a hard time finding Met scores 10 years ago he would have the same problems keeping daily work relationships in the Valley as he works in Boston. Look how Joi Ito stays connected to the world of technology today from Japan.
What is the role of the Valley today? What will be the attraction that brings in the next generation and status back to the Valley? I hear alot about people leaving but nothing about people planning to move there.
Would I be as blown away today as when I visited the Valley 10 years ago or would people there have a hard time showing something new that I don't already know about or have seen on the Web?
I'm very interested on hearing thoughts and views from people who plan on staying in the Valley or plan on moving there in the near future.
H.G.
9:58:21 AM
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