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>What's happening now is that "software is eating the world", and displacing the existing networks of production throughout the economy. That's leading to a cla
by eli_gottlieb 11y ago
>What's happening now is that "software is eating the world", and displacing the existing networks of production throughout the economy. That's leading to a class system of "those who own the data" (entrepreneurs & executives of large tech companies) => "those who work with the data" (software engineers, and likely hardware engineers & material scientists in the near future) => "everybody else".
Unexplained data: $3500/month one-bedroom apartments in San Francisco. If technologists are on top of the hierarchy, why can't they get society to give them easier access to better housing?
Counter-hypothesis: because the rentier-owners of land, natural resources, and financial assets are actually still the ones on top.
- nostrademons 11y agoThey do get society to give them easier access to better housing. That's what the rent is for. Being "on top of the hierarchy" doesn't mean that they can get access to everything for free; it means that they have enough money that they can spend it and write it off in exchange for the things they want.
- eli_gottlieb 11y agoI have not heard that tech salaries are nearly high enough to write off Bay Area rents as a negligible expense. Property-owners win again.