Silicon Valley’s Vast Wealth Disparity Deepens as Poverty Increased
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Re: Silicon Valley’s Vast Wealth Disparity Deepens as Poverty Increased
#2This is like complaining of unequal vehicles at an airport: A relatively few can fly very fast and hold hundreds of passengers, but most are earthbound-bound and can carry only a few passengers. Of course Silicon Valley has inequality: it’s home to some of the most impactful people on earth. Hobbling these people will do nothing to help the poor, just like crippling airliners will not improve the cars in airports parking lots.
Re: Silicon Valley’s Vast Wealth Disparity Deepens as Poverty Increased
#3I don't understand these arguments much. They sound more like sour grapes to some extent: If tech had not begun and become the powerhouse it did would the people who lived there have been better off in real terms? There is no reason that it couldn't have remained farmland like the Imperial valley. Ok, Oakland would still be a port and SF would be a financial hub. But most of the industry that thrived till the 70s, were slowly outcompeted by imports (bedding and furniture, is one example) and SF and SJ from the 80s were in decline before being girded by the burgeoning tech industry.
It also would mean we would not have attracted the foreign talent that also helped to drive the growth. Admittedly housing would be cheaper, and the population much lower, but I'm not sure I'd trade SJ and SF for Modesto and Sacramento, but to each their own.
Re: Silicon Valley’s Vast Wealth Disparity Deepens as Poverty Increased
#4I don't understand these arguments much. They sound more like sour grapes to some extent: If tech had not begun and become the powerhouse it did would the people who lived there have been better off in real terms? There is no reason that it couldn't have remained farmland like the Imperial valley. Ok, Oakland would still be a port and SF would be a financial hub. But most of the industry that thrived till the 70s, we…
> If tech had not begun and become the powerhouse it did would the people who lived there have been better off in real terms?
> Admittedly housing would be cheaper
Housing is the largest expense for most people, so yes, they would have been better off, because housing would be affordable.
Even software engineers consider housing there to be absurdly expensive.
Re: Silicon Valley’s Vast Wealth Disparity Deepens as Poverty Increased
#5This is like complaining of unequal vehicles at an airport: A relatively few can fly very fast and hold hundreds of passengers, but most are earthbound-bound and can carry only a few passengers. Of course Silicon Valley has inequality: it’s home to some of the most impactful people on earth. Hobbling these people will do nothing to help the poor, just like crippling airliners will not improve the cars in airports par…
> Hobbling these people
What does that mean exactly?
Re: Silicon Valley’s Vast Wealth Disparity Deepens as Poverty Increased
#6This is like complaining of unequal vehicles at an airport: A relatively few can fly very fast and hold hundreds of passengers, but most are earthbound-bound and can carry only a few passengers. Of course Silicon Valley has inequality: it’s home to some of the most impactful people on earth. Hobbling these people will do nothing to help the poor, just like crippling airliners will not improve the cars in airports par…
> Hobbling these people What does that mean exactly?
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Re: Silicon Valley’s Vast Wealth Disparity Deepens as Poverty Increased
#7I don't understand these arguments much. They sound more like sour grapes to some extent: If tech had not begun and become the powerhouse it did would the people who lived there have been better off in real terms? There is no reason that it couldn't have remained farmland like the Imperial valley. Ok, Oakland would still be a port and SF would be a financial hub. But most of the industry that thrived till the 70s, we…
> If tech had not begun and become the powerhouse it did would the people who lived there have been better off in real terms? > Admittedly housing would be cheaper Housing is the largest expense for most people, so yes, they would have been better off, because housing would be affordable. Even software engineers consider housing there to be absurdly expensive.
Well, the Central valley and Imperial valley are there with cheap housing. But people want the benefits of both. Singapore is the same. It's expensive. Switzerland also, it's expensive.
Re: Silicon Valley’s Vast Wealth Disparity Deepens as Poverty Increased
#8This is like complaining of unequal vehicles at an airport: A relatively few can fly very fast and hold hundreds of passengers, but most are earthbound-bound and can carry only a few passengers. Of course Silicon Valley has inequality: it’s home to some of the most impactful people on earth. Hobbling these people will do nothing to help the poor, just like crippling airliners will not improve the cars in airports par…
> Hobbling these people What does that mean exactly?
Subjecting them to even the smallest, mildest mote of criticism.
Re: Silicon Valley’s Vast Wealth Disparity Deepens as Poverty Increased
#9This is like complaining of unequal vehicles at an airport: A relatively few can fly very fast and hold hundreds of passengers, but most are earthbound-bound and can carry only a few passengers. Of course Silicon Valley has inequality: it’s home to some of the most impactful people on earth. Hobbling these people will do nothing to help the poor, just like crippling airliners will not improve the cars in airports par…
What a bizarre comparison.
Re: Silicon Valley’s Vast Wealth Disparity Deepens as Poverty Increased
#10This is like complaining of unequal vehicles at an airport: A relatively few can fly very fast and hold hundreds of passengers, but most are earthbound-bound and can carry only a few passengers. Of course Silicon Valley has inequality: it’s home to some of the most impactful people on earth. Hobbling these people will do nothing to help the poor, just like crippling airliners will not improve the cars in airports par…
> Hobbling these people What does that mean exactly?
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