1. Many great workers either won't or don't want to live in SV. I've known a bunch of them, over the years. Moving more development to where these folks are brings them in to the fold.
2. The people in SV don't represent and aren't regularly interacting with most of America or the world. They are in a different bubble. The majority is part of the out group to them. Hiring people in distributed places means you hire people who are more likely to interact and relate to the majority. Relating to people that will use technology is useful when building solutions.
There is not a single soul in Omaha who would make that statement.
If by “people’s lives” you mean specifics “the lives of people in Omaha”, plausibly.
Otherwise, no, not really.
It’s going to be a rich continent for many generations to come.