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My understanding is that a major reason why the Bay Area became the tech hub it did is because of academic institutions like Stanford and Berkeley, which in turn led to commercial enterprises like HP, Shockley, and Fairchild. From there, it was like dandelion seeds in the wind, with alumni from those companies going on to found AMD, Kleiner Perkins, Xerox PARC, etc. It seems to me that, until UT Austin catches up with Stanford and Berkeley in its ability to churn out tech talent, we can apply Betteridge's law of headlines here (i.e. "Any headline that ends in a question mark can be answered by the word no."). If anything, the biggest threat to Silicon Valley's dominance seems to be the post-COVID trend of remote-friendly tech employers. That has already benefited Austin, but not exclusively so. EDIT: Xerox PARC apparently shouldn't be included in that list. Its founders were Jack Goldman and George Pake, neither of whom were alumni of the companies or universities I mentioned. |
and dare I say politics. For various reasons, including the rather diverse nature of tech workforce due to a substantial number of immigrants and even otherwise, the tech workforce is generally liberal or are at least centrist moderate. Texas is not an ideal home for most of them.