Uber’s move to Pittsburgh and its hiring of CMU talent is good for the city. Universities are the talent magnets and anchors of the innovation-driven knowledge economy. But for decades, CMU has been generating talent and technology and subsequently losing them to more mature tech hubs like Silicon Valley. Uber’s location in Pittsburgh—and indeed, its hiring of top CMU researchers—signals that Pittsburgh has finally become a player in commercial technology. This will likely strengthen Pittsburgh’s talent magnet effect, attracting more top researchers and graduate students to the city and spurring the creation of more technology, more startups, and perhaps even a leading-edge industry cluster with Uber and CMU as its twin anchors.