Actually, maybe it can? If we can ignore the somewhat tasteless aspect of this, what if the Bay Area was just a playground for kids who get 6-figure salaries at

Actually, maybe it can? If we can ignore the somewhat tasteless aspect of this, what if the Bay Area was just a playground for kids who get 6-figure salaries at graduation, and then stay at high-paying jobs there? It becomes extremely elitist, with all the costs and benefits of that. The benefit is that everyone who can afford to live there is implicitly vetted by a rich employer or investor, so there could be extremely high serendipity. The costs are massive insularity, risk of the next big thing coming from elsewhere, and hugely inflated costs for basic service labor. But, if the vetting is good enough, maybe those costs are worth it?