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Tom Smith '11 is CEO of ESDA LLC, a high-tech startup he created with two friends during their freshman year.
In the past, the tech industry created middle-class jobs and lifted the overall economy of Silicon Valley.
Or the way liberalization, low oil prices and the tech boom created 21 million jobs in the 1990s?
At the same time, in iconic high-tech agglomerations like the San Francisco Bay Area, the home of Silicon Valley, the success of the tech industry creates tensions, in part as living costs rise beyond the reach of many non-tech workers.
I want to be the tech provider, creating tech products that integrate seamlessly into accessories and products people want to buy.
Another example is using the tech to create gene drives, which entails driving a trait through a population very quickly.
One is the tech of creating content.
The tech boom also creates a new vulnerability.
Mr. Lee said the new payroll tax and other policy changes favorable to the tech industry would create jobs.
And tech is back - since 2010, the high tech industry created more than 20,000 jobs here.
The term high tech has created the misconception that only a handful of businesses compete in sophisticated ways.
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