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Matt Ridley: How Innovation Works, Part 1

Naval

Is the Next Silicon Valley Moving to the Cloud?

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I wouldn't be surprised if ten years from now, and that the rest of the tek industry is just as distributed as the crypto industries to day. I don't believe that innovators can get priced out of the barria just because they're high earners. The next silikan valley moves to the cloud - then we could distribute it. There will still be a hub in california but there's no need for an office anymore. Inventors have always been able to escape local rule by moving around. They may be forced out by not being able to go to work because the government forbids them. If everybody moved to the cloud, rather than another location where we may be displaced...

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