Silicon Valley obviously won't "go broke", but more and more talent and money is being consumed by a few large companies. The social standing and mobility for

Silicon Valley obviously won't "go broke", but more and more talent and money is being consumed by a few large companies. The social standing and mobility for those working at large SV companies isn't much to envy. Regardless of absolute pay (which is high by any standard), most are left renting apartments and suffering terrible commutes. If people measured their compensation in "years of reasonable savings until you can buy a house", they would probably see that their relative compensation isn't so great. Inside SV I would put this number at 10-15 years....elsewhere somewhere around 5. But the absolute compensation is high so people think they are better off.