2 ms·
I don’t think you’re wrong, I’m personally part of the problem. I just think you’re barking at the wrong tree. Focus on the incentives and what make people move
by baby 6y ago
I don’t think you’re wrong, I’m personally part of the problem. I just think you’re barking at the wrong tree. Focus on the incentives and what make people move here and leave so quickly. If prices and safety were better people would want to stay and improve what’s around them.
- shsbdbdbx 6y agoI get what you are saying about incentives. You can’t really lay the blame for mass movements of people at the feet of individuals. I think that the biggest contributing factor was (1) Google’s successful execution of an ad based revenue model for the internet and (2) the launch of smart phones, and (3) MBA-ization of the valley - a shift in culture and mindset from R&D to operations. We all saw something similar in the 90s. It self corrected during the recession. While the recession wasn’t great, the early part of the recovery circa 2004 was amazing. I hate to root for anyone to lose their jobs. I would rather companies relocate people. The next boom will most likely come in crypto / blockchain after the price of Bitcoin crashes and the hucksters and hype die out. Biotech after that.