Gives me an idea for audacious and fearless entrepreneurs : go start a new city and make it the new high tech center of the world.

Actually, it's an obsession many countries had for the last 25 years : create the new silicon valley. Nobody has ever succeeded.

Now, another idea : instead of making this city in the real world, just create it virtually on the web. With all the people working from remote places, the physicial location doesn't really matter that much anymore... You'll need online universities, research labs, and places to hang out and meet people. That would be a fun project.