Of course it makes us want to vomit because we take it literally and know that isn't what's going to happen.
The Bay Area[0] is the Emperor of building software (business and consumer) and it will always be that way. The Bay Area's primary business is the building of software and thus software is created there for software companies as well.
At the rest of the Silicon Hopefuls, just getting a handful of legit tech companies that want to build software specific to that city's primary economies (oil, real estate, defense contracting, lumber, etc.) would do A LOT of good.
Disclaimer: I don't live in the Bay Area. I live in Silicon Foo where talented software builders either run away or work remote for Bay Area companies.
0 - Citizens of other very large cities: please don't have your egos bruised. Your cities matter, too. Ok, you know I'm really just talking to New Yorkers who have a hard time not being the best at everything.