News coverage in the Silicon Valley validates the observation that we humans are hard-wired to give preference to negative information over the positive. That said, I see some real signs of recovery in our region – recovery based on real innovation and new technologies that promise to change our world. Three examples of these positive trends:
- Early-stage semiconductor companies are being funded to explore new ways of creating processors, microprocessors and even sensor systems. Open approaches such as RISC‑V show great promise for redefining what had been a consolidated market.
- Open RAN companies are being formed and richly funded to reinvent the way that wireless systems operate. Their approaches focus on the developing 5G and even 6G standards. Open RAN promises a move away from proprietary base stations and equipment, making wireless far more affordable and worthwhile.
- GEN3 companies in the Green Space promise great improvements in the way we manage our resources. These run the gamut from hardware products to software systems and SaaS platforms. Venture backers are pouring billions into promising start-ups in waste management, environmental controls and resource conservation efforts.
The pain from large tech layoffs dominates the news. But if you listen, you can hear the stories of growth and innovation too.