The New York Times has its room for debate feature today on a New York City effort to build a new engineering school in the city in hopes of spurring an innovation industry. The question for the respondents: Can New York rival Silicon Valley? Here are two interesting passages.
Until recently, “technology” was largely about “moving electrons on wires.” Now, “technology” is about building all kinds of interesting applications on top of the Internet. An increasing number of engineers and entrepreneurs are applying their ideas and energy to creating compelling services on the Internet. —Fred Wilson
New York can never become Silicon Valley; and it shouldn’t. The mythologies of New York are entirely different from the singular lore of the valley. The start-ups we see emerging from New York already have a texture unlike those in California. Tumblr vs. Posterous is one often cited example. Kickstarter is another example of a start-up that seems quintessentially New York. This difference should be nurtured. —Craig Mod