To review, Silicon Valley is dying. Pittsburgh will take its place as the epicenter of the next economic epoch. The Innovation Economy is in decline. The Legacy Economy ascends. There isn’t a next or new Silicon Valley. Like the automobile industry in Detroit, production will diffuse to places with cheaper labor. The cost for talent is too damn high.
Image Courtesy of Damian Brandon / FreeDigitalPhotos.net
To read the original article: Why the United States Will Rule the Legacy Economy - Pacific Standard: The Science of Society
