Over the past week, we have been using the EBSCO database to further our research on our topics. The two articles I came across are important when examining the broader impact of Silicon Valley on the American economy and society as a whole. The first article I read was about how Silicon Valley's booming tech industry has led to a drastic increase in the cost of living in Northern California over the past few years.
This week, using the Gale database, I researched several topics that are encompassed by the larger topic of Silicon Valley & The Internet Revolution. The first article that I was read was one from Newsweek about how Silicon Valley is killing entrepreneurship in the rest of the United States. The argument that the author Kevin Maney argues that Americans can only spend a certain amount of money on new startup companies, and since Silicon Valley has become the nation's capital for entrepreneurs, it is taking away money from other cities' new businesses.
The rise of virtual money throughout the country has come about in a very gradual pace. Though Apple, Samsung, Google, and even some large commercial banks such as Bank of America have entered the market, they still haven’t come close to the rapid rise of M-Pesa and other virtual coin in many developing countries such as Kenya.
Silicon Valley has become one of America’s largest and most booming job industries over the past decade. The advent of the Internet as well as the introduction of social media into society’s everyday life has contributed to the rise of Silicon Valley. Gone are the days of less-than-instantaneous communication; tech industries have issued in an era of widespread information and instant communication. The “hard working businessman” has been replaced by the young entrepreneur and innovator.
The New York Times had an interesting article last week about a different kind of learning. One that I never knew about. The Waldorf Schools across America have been earning their reputation for about ten years. What is so different about these schools is that no technology is allowed. Technology at home is even discouraged.