November 14, 2012

Tech Industry Is the New Hollywood

Francisco Dao, Pando Daily


AP Photo

There seems to be a trend of people declaring that tech is the new Hollywood, and I think they might be right. I’ve lived in Los Angeles a long time, and I can tell you first-hand that while Hollywood employs some of the most talented people in the world and dominates the global industries of film, television, and music, it is also a magnet for con men, do-nothing dreamers, and various leeches of every sort. This dichotomy of incredible talent and those just looking to bask in its reflected glow is the price the entertainment industry pays for being cool. And with tech’s newfound cool factor, Silicon Valley is looking a lot like Hollywood…in all the worst ways.

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TAGGED: Silicon Valley, technology

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