Silicon Valley Is Not Driving Jobs Growth

So, let cut it in half. You have a labor force of one hundred fifty million people.

But they're not all employed. Some of them have great jobs, some don't. Their wages are sometime shit, the working condition's terrible. Some people sucks at keeping a job. Some just don't have the skills.

Businesses aren't exactly the paragon of efficiency either. They find it easier to just reject an entire category people, such as convicts.

So, you have this massive inefficiency where people who wants job can't get them. High demand job can't be filled because they can't train the right people or they reject too many suitable candidates, such as old programmers.

Other factors conspire to make living more difficult. For example, real estate costs mean your cost of living is high, and you need to make X amount of money to have a roof over your head. Pressure is often not relieved because of housing policies and local politics.

Everything else gets cheaper to an approximation. Though it seemed that the price of computer remain constant, meaning your dollars buy more bang for its buck rather than decreasing in nominal price.

Is it just that new technologies aren't really all that relevant to increasing productivity? Are we just not adopting technologies that would make us more productive? I'd love to have a glimmer as to what the root cause of that is.

Intel would never be possible in a world with 1mm people; their fab centers are spectacularly expensive fixed costs.

So no, we wouldn't need 2x the Google employees, but there would be a need for employees in a market that doesn't exist now.

For example, creative writing communities can always use more manpower, to churn ideas, to work on stories, and to experiment, and to edit.

Not every story niches or original ideas is filled or explored.