Tyler Cowen, Columnist

Miami as a Tech Hub? It’s Lacking One Critical Subculture

Miami is fun and New York is exciting, but Northern California has deep structural advantages.

A nice place to visit, but would you want to be a tech entrepreneur there?

Photographer: Joe Raedle/Getty Images North America
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As traveling has become safer over the last few months, I have been checking in on the geographic future of American technology. In each place I visited — Miami, New York and San Francisco — I saw some considerable surprises.

In Miami and Miami Beach I had a wonderful time. But I don’t see the area as a new and budding tech center. Many tech entrepreneurs moved there during earlier phases of the pandemic, but many have since left. Perhaps the region is more of a place to spend tech money than to earn tech money.