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> And Silicon Valley has almost nothing to do with it.

Wrong, it has a lot to do with it. Search engines, servers, laptops, cameras, websites, encryption, internet access,the list goes on...

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Was any of that invented in silicon valley? None of those things were even improved by silicon valley, it was mostly large pre-existing corporations or government funded research (google was founded on a public campus, for example). ISPs are also mostly subsidised by the government.

I think the claim was that Silicon Valley has almost nothing to do with funding the content creation process in this industry e.g. venture capital.

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