"a loose alliance of writers, hackers, capitalists and artists from the West Coast of the USA have succeeded in defining a heterogeneous orthodoxy for the coming information age: the Californian Ideology." [ via : Alumut ]
I kinda disagree that the Main stream IT innovations comes only from the Valley. I think that its widely distributed. There is MIT and off course some of the leading research centers in France too. This is high intensity read . Take time to consume, an mazing essay from the past -nearly 10 years ago. It's a vault copy !!