Amid the daily challenges of COVID-19, many Silicon Valley tech workers have embraced the benefits of remote work from “cheaper, less congested communities,” says Tim O’Reilly in a recent article.
“Is this the end of Silicon Valley as we know it?” he asks. “Perhaps. But other challenges to Silicon Valley’s preeminence are more fundamental than the tech diaspora.”
In the article, O’Reilly considers the following four trends that he says “may shape the future of Silicon Valley,” and which offer “a road map to some of the biggest technology-enabled opportunities of the next decades.”
- Consumer internet entrepreneurs lack many of the skills needed for the life sciences revolution.
- Internet regulation is upon us.
- Climate response is capital intensive, and inherently local.
- The end of the betting economy, in which the main measure of success is stock price.
In the far-reaching article, O’Reilly offers historical insight and observations as well as thoughtful predictions for navigating technological responses to such issues as the climate crisis, the growth of machine learning, and the changing rules of competition.
“It is up to us whether we are steamrollered by events beyond our control or whether we have the collective power to invent a better future,” O’Reilly says.
Read the complete article at O’Reilly Radar.