I am hopeful that more tech companies will come to Michigan and Detroit specifically. The cost of living is reasonable and the economy here is in need of diversification.
I’m biased being from the state, but the more I visit Detroit, the more potential I feel like it has. The art scene is blossoming there, but the metro area feels dormant (not dead). I imagine there are a lot of institutional issues to overcome, but I’m confident that Detroit will make a comeback in my lifetime.
The last thing Michigan/Detroit needs is our housing market blown up by tech workers with exorbitant salaries/buying power, and our industrial legacy supplanted by tech grift. There isn't a place for so many of our people in that cycle.
The gravy train may have dried up, but with some realignment (realignment meaning putting off your new boat for a bit so you can pay your skilled machinists, fabricators, etc. more than $22/hour) we can tap back into what we've always been good at, with the resources we have, with the people we have and the resources they have, as long as we do it before everybody who still remembers how to do it dies.