> ...The whole ecosystem is just incredibly well developed...
The current, or at least historical ecosystem might have been/is silicon valley...But, I'm curious what will happen in the future, when the ecosystem could be more easily replicated elsewhere globally. With regards to digital innovation - assuming products are less about physical goods, and more about digital services - I wonder when budding entrepreneurs will more often be able to generate startups elsewhere because enough of an ecosystem exists elsewhere in other regions/countries that ALSO have great well-being-related environments? I mean, if i were starting a company today, and i wanted customers that could afford to pay higher fees, maybe I wouldn't focus on the U.S. because more and more citizens have less disposal income? (After all, more and more U.S. folks are just trying to keep their heads above water, etc.) Maybe i would launch my startup in another region of the world because those customers are somewhat already comfortable in their lives - due to their nation's social safety net operating model - and would be more willing to part with their money to pay for my startup's higher fees (i.e. signing up for my imaginary startup's higher-margin price plans as opposed to the cheapo plans which have slim margins)?? In response, I suppose U.S. enterprises and especially those in U.S. public office, could try nudging the ecosystem to make U.S. more competitive...but that - i feel - just brings us to either companies working U.S. workers harder (because THAT is what they feel will save the day), or public office folks trying to "bring back" the silicon valley of the good ol' days...instead of - oh i don't know - innovating at the social operating model level. It's an interesting thought experiment. But, to rest on the laurels that silicon valley WAS an important ecosystem, and assuming (or hoping?) that it will continue to be the center of the innovation universe - to me - feels like its full of folly.
The current, or at least historical ecosystem might have been/is silicon valley...But, I'm curious what will happen in the future, when the ecosystem could be more easily replicated elsewhere globally. With regards to digital innovation - assuming products are less about physical goods, and more about digital services - I wonder when budding entrepreneurs will more often be able to generate startups elsewhere because enough of an ecosystem exists elsewhere in other regions/countries that ALSO have great well-being-related environments? I mean, if i were starting a company today, and i wanted customers that could afford to pay higher fees, maybe I wouldn't focus on the U.S. because more and more citizens have less disposal income? (After all, more and more U.S. folks are just trying to keep their heads above water, etc.) Maybe i would launch my startup in another region of the world because those customers are somewhat already comfortable in their lives - due to their nation's social safety net operating model - and would be more willing to part with their money to pay for my startup's higher fees (i.e. signing up for my imaginary startup's higher-margin price plans as opposed to the cheapo plans which have slim margins)?? In response, I suppose U.S. enterprises and especially those in U.S. public office, could try nudging the ecosystem to make U.S. more competitive...but that - i feel - just brings us to either companies working U.S. workers harder (because THAT is what they feel will save the day), or public office folks trying to "bring back" the silicon valley of the good ol' days...instead of - oh i don't know - innovating at the social operating model level. It's an interesting thought experiment. But, to rest on the laurels that silicon valley WAS an important ecosystem, and assuming (or hoping?) that it will continue to be the center of the innovation universe - to me - feels like its full of folly.