The author almost noticed Simpson's paradox: > Surprisingly, the UC Santa Cruz study suggests that employment in low wage industries is growing. The share of worker in jobs considered low-wage in 1997 grew 25 percent over the next 20 years, while the percent working in middle- and high-wage jobs declined. The problem isn't that wages are dropping for certain work; the problem is that middle-wage jobs are being automa…
It seems that tech workers in the valley have found their own analog to blaming immigrants for downward wage pressure, their particular boogeyman seems to be the robots.
No, the answer is much more trivial. As the article points out, the huge influx of capital in the area is being returned only to the tech sector, who merrily spend it and drive up the cost of living. The machines are not to blame for this one.