Home > In the News > Silicon Valley (Version 2.0) has hopes upSilicon Valley (Version 2.0) has hopes up Eugenia Loli 2004-06-22 In the News 15 Comments“Silicon Valley is back” is on the lips of eager entrepreneurs and venture capitalists, who are rejoicing over the success of Google and pointing to the modest comeback in computer sales. The three-year-long depression, they say, is over.About The Author Eugenia LoliEx-programmer, ex-editor in chief at OSNews.com, now a visual artist/filmmaker.Follow me on Twitter @EugeniaLoli 15 Comments 2004-06-22 7:48 am “The three-year-long depression, they say, is over.”That’s nice. I can quit my McJob, and move on up. 2004-06-22 8:24 am ^—thank you mysql. 2004-06-22 8:26 am ” They believe that a new era, which some are calling Web 2.0, is here.”although this does not give me hope 2004-06-22 3:23 pm Job prospects certainly changed over the time they mentioned. Things went from feast to famine and are now getting back to a few companies advertising for employees.Housing never really moved that much. Values sometimes have moved contrary to the national bubble, but that is only because the housing values are so strange here they really don’t move in lock-step with national trend. For example, many very high end homes are probably selling below 1999 prices even now with low interest rates.Traffic never really changed. Who are these people who say traffic jams went away? They opened 87 and a new 85/101 interchange…that may have helped but traffic has always sucked here. 2004-06-22 3:39 pm there was a depression? its gone? trade towers wha??? small town in the middle of the middle… nuthing changes here… 2004-06-22 8:09 pm We will see. Hopefully companies learned from the mistakes of “Web 1.0” 2004-06-22 8:16 pm Don’t know if this means things will change for SF Bay Area. The ridiculous housing and gas prices certainly don’t help. At least we still have biotech, but it’s not as mature as tech. 2004-06-22 8:17 pm Hopefully companies learned from the mistakes of “Web 1.0”Aside from the non-existant business models of the dot com bust hall of fame, hopefully investors learned from the mistakes of web 1.0. 2004-06-22 9:36 pm We’ll see if things pick up again or if we have another 4 years of War and conservativism in November. 2004-06-22 9:44 pm and i moved from there to the detroit area… unemployed since january… wonder if there will some telecommuting jobs I can get in on. 2004-06-23 12:29 am It seems to me that the New York Times badly needed something to report. Otherwise, it’s the same lyrics sang by different parrots. To those who think I’m wrong, I suggest they read the book that Kenneth Galbraith published about the 1929 problem. 2004-06-23 1:36 am I interned in the Bay Area from mid to late 2000. I’m now back in the Bay Area for full time employment with a post-dot-com survivor. Guarded optimism is definitely in the air and it seems as if people are somewhat more level-headed than they were during the boom. Housing has not declined appreciably. I’m paying $1000 for a single (in Mountain View) whereas I was paying $1100 for a self-contained bedroom/bathroom in a 3 bedroom apartment back in 2000 (in Sunnyvale). The average in the Mountain View/Sunnyvale/Santa Clara area seems to be about the same overall. Silicon Valley continues to set gas price records.Traffic still sucks, mostly due to the fact that California drivers can’t merge (especially at the 85 N to 101 N interchange..grrrr) 2004-06-23 1:12 pm The three-year-long depression, they say, is over. I would like to hear that the war is over.peace. 2004-06-23 4:35 pm i don’t see what the war has to do with silicon valley. the economy is doing pretty nicely 2004-06-23 11:40 pm You’re probably right. War probably has nothing to do with the economy.