It's a very anti-democratic move by California. They are willing to destroy local control of people in their communities to foster growth that will lead to further deterioration of living standards.

Wouldn't it be better to try to grow tech outside of California in places like the Dakotas and Idaho where there is plenty of land and people in need of work?

The American heartland could be a place rich in opportunity if we invest there as a nation. Considering urban/rural income differentials it would ease inequality also.