Tech Street

As long as you haven't lived your entire life under a rock, you’ve probably heard the terms “Wall Street” and “Main Street.” “Wall Street” generally refers to the banking and finance sector of our country, while “Main Street” is intended to describe your ordinary, average American. But there’s another street in this neighborhood, and it’s called “Tech Street.”

“Tech Street” refers to the technology sector: Silicon Valley, Microsoft, Apple, Twitter, Facebook, Instagram, and all the companies, people, and infrastructure that support them. Tech Street encompasses everything technology: hardware, software, tech manufacturing, television, internet, smart appliances, social media, semiconductors, meditation apps...all of it.

So...why should we care about Tech Street? Well, there are several reasons. The first is that caring is just a nice thing to do. Furthermore, economically, the tech sector represents a huge portion of our nation’s financial picture. So if Tech Street booms or busts, it can have a significant impact on other parts of the economy.

Politically, we can also feel the effects of laws and regulations directed toward Tech Street. Consider all the hoopla around net neutrality as one example. Or...here’s another one: data privacy. How big of a deal is that right now?

Anyway, the point is that the term “Tech Street” is a handy way to group together a bunch of companies and industries that are all somehow tied to technology. And when Wall Street, Main Street, and Tech Street are all coexisting happily, it’s a beautiful day in the neighborhood.