"San Francisco’s minimum wage is nearly $3 more than the federal minimum wage, yet it is three-and-a-half times less than what is needed to afford a decent two-bedroom unit in this expensive jurisdiction"—or $37.62 an hour. Or, $78,250 a year. Either way: Time to blockade a Google bus.
..to Silicon Valley’s question of “Is Internet access a human right?” one could respond by turning the tables: What kind of “Internet,” and what kind of “access”?
"What's happening is if you have a great idea and the technical skills to implement it you can create disproportionate wealth very quickly," he said. "That's good by itself except it increases disparity." That disparity, Khosla said, will only continue to grow as machine learning and big data technologies improves. Eventually, software will have the ability to replace everything from farmworkers picking lettuce to law clerks.
Around 7AM on January 21st, 2014, a small group of protesters gathered in the driveway of an understated $1 million four bedroom family home in Berkeley and unfurled a hand-painted banner that read "GOOGLE’S FUTURE STOPS HERE."
RT @Valleywag: The Silicon Valley Secessionist wants to create a new "zone" within the US of "Inverse Amish"
as housing prices rise in the San Francisco Bay Area, angry activists are targeting those shuttles to protest the region's gentrification. "We want the ruling class, which is becoming the tech class, to listen to our voices and listen to the voices of folks that are being displaced," said one SF protester.