Power shift: Wall Street, Silicon Valley ‘moving’; White House AICzar names cities
David Sacks, the White House AI and crypto czar, predicts Miami will eclipse New York as the financial capital and Austin will supplant San Francisco as the tech hub. He attributes this shift to lower taxes and reduced regulation in Florida and Texas, attracting talent and capital away from traditional coastal centers.
David Sacks, the White House AI and crypto czar, predicts Miami will eclipse New York as the financial capital and Austin will supplant San Francisco as the tech hub. He attributes this shift to lower taxes and reduced regulation in Florida and Texas, attracting talent and capital away from traditional coastal centers.
