Leaving California: The death of Silicon Valley

The Bunker

Podmasters

News, Politics, Society & Culture, Government

4.6 • 984 Ratings

🗓️ 27 July 2023

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Are we witnessing the death of Silicon Valley as big tech shifts from physical products to services? And has the time of California being the promised land for budding tech bros gone? Dr. Kate Devlin is joined in The Bunker by Joel Kotkin, fellow in urban studies at Chapman University, to find out. “One of the dirty little secrets of Silicon Valley is that it was largely created by federal spending.” “I have never met a group who are less conscious of their social impact than Silicon Valley people.“ "Today Silicon Valley is a series of oligarchic companies with 80-90 per cent market shares and no desire to improve." www.patreon.com/bunkercast Written and presented by Kate Devlin. Producer: Liam Tait. Audio editor: Simon Williams. Managing editor: Jacob Jarvis. Music by Kenny Dickinson. Group Editor: Andrew Harrison. THE BUNKER is a Podmasters Production. Instagram | Twitter Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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1:15.1	Dr Kate Devlin. Silicon Valley has long been considered the land of
1:19.7	innovation and prosperity. After all it's the birthplace of some of the world's most well-known tech brands.
1:26.4	You're probably listening to this podcast on a device that was dreamed up in a Silicon
1:30.3	Valley boardroom.
1:32.3	And I'm just back from the area fresh from a research
1:34.6	event hosted at Google X. In my Uber to the hotel I heard on the radio that
1:39.7	San Jose, Silicon Valley's largest city, has some of the highest average house prices in the
1:44.8	whole of the US.
1:46.8	But after a year of high profile layoffs, the collapse of Silicon Valley Bank and CEOs pivoting to cage fighting rather than doing their day job,
	...

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