[Abstract] Silicon Valley entrepreneurs, innovators, technical experts and financiers are busy innovation in all aspects of the global economy.

 

Tencent science and technology news Silicon Valley should get people’s applause, but the isolation of the island mentality can be dangerous.

England has Silicon Fen, Scotland has Silicon Roundabout, Berlin has Silicon Glen, New York has Silicon Alley, but the high-tech sector is the brain and the surrounding ecosystem of San Francisco. Silicon Valley entrepreneurs, innovators, technical experts and financiers are busy innovation in all aspects of the global economy.

, the name of the silicon semiconductor manufacturing company, is changing the way companies make decisions, people make friends, protesters hype. Startups are also affecting people’s lives at an unprecedented speed and scale. Seven years ago, the Airbnb was created to help people all over the world in 34 thousand towns turn their homes into hotels. Companies such as best practices and "on-demand services" have changed the meaning of the word "employee". As Google (micro-blog), Facebook and apple platforms that benefited from the "network effect" (with each new user makes the service more valuable to others), so is the success of Silicon Valley: it as a technology company founded, to raise funds, recruit staff for their hands, and the sale of the company, also achieved self-sufficiency and organic growth.

the result is that American capitalism has a new center in the west. Wall Street was only the pursuit of wealth and treasure deal; but now has to catch up in Silicon Valley. Silicon Valley high-tech companies worth more than $3 trillion. Last year, 1/5 of the American Business Academy graduates into the technology industry. JP Morgan boss Jamie · Damon (Jamie Dimon) has warned: Wall Street competition is intensifying. Goldman Sachs recently held its annual general meeting in San Francisco.

has a huge Silicon Valley geek subversive creativity, perhaps only in nineteenth Century compared to the worthy and genius inventor. The success of Silicon Valley should be applauded. But with so much wealth accumulated at such a rapid rate, it poses a risk. In 1990s the Internet bubble rupture, it is be struck dumb. The current danger is the island mentality of Silicon Valley. Geeks living on an island, their empire and their efforts to change the world is divided.

if the financial bubble burst after the 2000 Internet bubble burst again, the U.S. economy will suffer. With the NASDAQ index close to record highs, many people are also panic. Fortunately, despite the influx of capital and talent in Silicon Valley, the possibility of a severe depression is not

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