When it comes to bang for the buck, high tech is a great way to jump start your local economy, according to a recent report from a UC Berkeley economist.
That could be good news for Los Angeles, where Google is recruiting with the phrase, "Who needs Silicon Valley when you can have Silicon Beach?"
The company opened an office in Venice Beach last year, leading a wave of tech and media companies setting up shop there. But as the tech boom grows, some longtime residents are wondering if Silicon Beach will wipe out the rough edges they say makes Venice unique.
The California Report's Valerie Hamilton has the story.