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Venture LaborWork and the Burden of Risk in Innovative Industries$
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Gina Neff

Print publication date: 2012

Print ISBN-13: 9780262017480

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262017480.001.0001

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The Origins and Rise of Venture Labor

The Origins and Rise of Venture Labor

(p.39) 2 The Origins and Rise of Venture Labor
Venture Labor

Gina Neff

The MIT Press

This chapter addresses the rise of Silicon Alley in the historical context of American postindustrial economic changes. It discusses both the historical shift from industrial to postindustrial to so-called new economy paradigms of production in the United States, and the ways in which new technology industries were framed as the solutions to the problems of postindustrialism. The chapter argues that the dot-com boom of the late 1990s through the year 2000 marked a political, economic, and cultural transition which had already begun by the time the commercialized Internet appeared. It shows that New York’s Silicon Alley was in part the industrial result of a shift in the culture of the economy at large toward more entrepreneurial work and the seemingly endless potential for technology growth.

Keywords:   Silicon Alley, postindustrialism, New York, Internet, technology growth, dot-com boom

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