Communications of the ACM
That Big Tech Exodus Out of California Turns Out To Be a Bust
A study raises doubts about the scale of the supposed Silicon Valley exodus.
Credit: Getty Images
Wannabe U.S. innovation hubs from coast to coast have been slavering over the prospect that the work-from-home revolution triggered by the COVID pandemic would finally break the stranglehold that California and Silicon Valley have had on high-tech jobs.
The latest picture on this expectation? Not happening.
A recent study by the Brookings Institution found that the pandemic brought about some changes in the trend toward the concentration of tech jobs in a handful of metropolitan areas, but that the largest established hubs "slightly increased their share" of national high-tech employment from 2019 through 2020.
"The big tech superstar cities aren't going anywhere," says Brookings Senior Fellow Mark Muro, an author of the report. "There's a suggestion that we're on the brink of an entirely different geography. I don't think recent history or the nature of the technologies point in that direction."
From LA Times
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