I'm from SF. I grew up here. I'm also a computer nerd.
To me, the tech "industry" has been ruining the city I love since the Dot-Com boom. To me, they are an invading army culturally speaking. In a very real sense my home is being destroyed.
The saddest part is, this city kinda sucks. It's not even a good place to locate a business. The city gov is soft-corrupt. The weather NEVER gets better. We're on a damned peninsula. If I were starting a company I'd go to Davis CA! People aren't coming here because it makes sense. This is just where the game is being played. They are drawn here like aspiring actors are drawn to Hollywood, but the prospects are just as glamorous and illusory. A few will strike gold, the rest will toil and vanish.
This is a town for freaks and weirdos. If you don't believe me, visit Civic Center. ;-) It is said "The people who are too strange for the rest of the country move to California, and the people to weird for California move to San Francisco." (If you are still too weird you go to Berkeley.)
What concerns me the most is that the newcomers might lack the environmental commitment, and tip the scales from valuing conservation to valuing rampant development. San Francisco is the largist metropolitan area with the most wilderness/open space around it in the world. The last thing we need is more lux condos and freeways.
I'm going to be calling those numbers, you can bet, but it will be to urge "con" on this abrogation of the weirdo-freaks ability to stonewall development. This is a good thing.
Y'all "young gods" will just have to figure out some other place to hatch the singularity. Move away. Build a floating "Seastead". Just please stop trying to cram a million more people into the Bay Area. It's not actually a good idea!
Also, I hear Portland is nice.