I understand your point. Yeah.. this is king of a ecosystem.. which needs to be balanced. The good news about the report is that it shows a mindset shift.. Switzerland is stable, warm (people) and radiates freedom .. for sure it is a good candidate to become the next hub.
It also has a lot of capital (although perhaps not necessarily risk-capital), and seems to be the only place in Europe that pays developers comparably to their pay in the US.