IDG Answers is a community of experts who are passionate about technology. Ask a question or answer one below.
The dotcloud boom holds a lot of potential. The earlier dotcom boom was centered in a few geographic areas, especially central California. But, the technology they created out there has made the idea of a "Silicon Valley" obsolete, and today, because of the cloud infrastructure that is available to anyone, anywhere, you don't have to live in San Jose to be a dotcommer. This fact alone holds the potential to re-invigorate depressed areas in the industrial Midwest's "Rust Belt". Big manufacturing still has to be done, but cities can no longer afford to put their entire future in the hands of a few large factories. With this new technology, more cities can become their own "Silicon Valleys", and new high-tech companies can spring up out of the ashes of yesterday's rusted out factories.