NY Times Still Trying To Equate Silicon Valley To Detroit
from the this-sounds-mighty-familiar dept
In May of 2003, we pointed out that the NY Times was running an article which suggested that Silicon Valley was becoming more like Detroit -- no longer driving the economy, but just a cog with cyclical ups and downs. In other words, it's just a producing industry, rather than an innovating one that increases efficiencies or changes the overall market. It appears that despite what appears to be a return of some interest in the tech world, the NY Times is still pitching almost exactly the same story and is comparing Silicon Valley to Detroit again -- though, at least they give equal space to those who disagree. This isn't to say Silicon Valley, the geographical region, isn't facing challenges -- but to compare "technology" in general to "the automotive industry" specifically, is clearly an apples and oranges comparison. The technology industry isn't just about final products, but about making the process more efficient. It doesn't always work -- and there are other factors involved, but the entire tech industry doesn't die off just because the economy had some problems.
Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
Companies in article are all in SV
[ link to this | view in thread ]
Missing the next wave
Also, California schools are plagued by volatile funding, in which they would be flush with cash one year, but then have no money at all next year. Some star researchers have come to California's schools, but left the next year. High-tech companies, which come and go by the month, are not in a position to sponsor long-term reserach.
At this point, several midwestern universities are leading the way on biotech research. They have a long tradition in agricultural research, supported by stable agri-giants. Michigan has the backing of the relatively stable automotive industry in various engineering programs.
Starting new biotech programs means universities should be building giant new facilities, but California is out of space. They tried building a new UC campus in Merced, but it ran out of money and has postponed its opening. The campus is built on new-age premises of hippie students who want to live "in touch with the environment", emphasizing a multi-disciplinary approach, so we'll see if they are able to do serious research. I heard comments from many Chinese students that California's schools are small and crowded compared to the huge new facilities in China. Also, California has a lot of irrational opposition to "genetic modification" -- notice that they outlawed glo-fish.
[ link to this | view in thread ]