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Is Silicon Valley losing its long established reign over U.S. and global high-technology? Bruce Katz, director of the Brookings institution's Metropolitan Policy Program and co-author of the new book The Metropolitan Revolution, thinks so. Here's Derek Thompson reporting on Katz's recent talk at the Aspen Ideas Festival:

"What's happening now is workers want to be in Oakland and San Francisco," (Katz) told Walter Isaacson. Young workers want to live in a city -- somewhere they can ride bikes, shop locally, walk to their favorite restaurants and bars, and live in a dense urban or urban-lite environment with nearby amenities. But Silicon Valley isn't like a city. It's like a suburb. "Silicon Valley is going to have to urbanize," Katz said. "(There is a) migration out of Silicon Valley to places where people really want to live."

To read the original article: High-Tech Challengers to Silicon Valley - Richard Florida - The Atlantic Cities