On the SF peninsula, yes. The TechShop bankruptcy, which was totally botched, left many people angry. (I was a member, but didn't prepay, so I didn't lose anything.) TheShop.build closed their San Francisco location recently, and at one point had an eviction notice on the door of their San Jose location. (I dropped my membership last month.) Maker Nexus in Sunnyvale is struggling to get enough members to survive. Today's email says they have 80 and need 200. (I pay for a membership there.)

Other cities are doing better. Usually because of government support. "We need to retrain workers" arguments play well in industrial cities.

The original Menlo Park TechShop had skilled people doing hard stuff. People making things for the X-prize. People from Stanford who needed more machine tools than Stanford had. People from startups. Gradually that declined. Stanford and Google got their own in-house shops. Then there was the "Etsy crap" era - people using CNC laser cutters to make "hand made" stuff to sell on Etsy. At peak, TechShop SF had eight laser cutters going almost constantly. That died when Etsy removed the requirement that you make it yourself.

Today, maker spaces seem to be mostly learning centers for teenagers. The "STEM" or "STEAM" thing. That's fine, but it's a branch of the college prep industry.