October 21, 2013

TWITTER, AND THE REAL ECONOMY OF JOBS. “The money that has flowed to tech companies in San Francisco and the much more important Silicon Valley has transformed these geographies, peninsula into something resembling glorified gated communities, populated by those lucky enough to have bought earlier and, increasingly, by techno-coolies shipped in from abroad.”

Both of these points are true. When I did my fellowship at Stanford last year, the immense feeling of big money everywhere in Palo Alto was amazing; the first time I was there, back in the late ’80s when Silicon Valley was new, the place still felt semi-rural. And the part about techno-coolies is also true