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Comment by rat_1234 | Hacker News Reader

The share of the wealth creation in Silicon Valley that has been captured by property owners is outrageous.

How much of the gains from the computing revolution have been captured by a few thousand Bay Area Landlord’s?

I think the vast majority of the gains from the computing revolution have been captured in consumer surplus. Billions of people get to use all kinds of online software for free. Certainly hard to estimate but this is likely worth trillions alone?

You still have to pay to access the Internet. Comcast/AT&T aren't free.

It's still cheap as free compared to the cost of accessing the same information/media pre-Internet.

Google used to brag about how using Google was more energy-efficient than going to the local library.

You can probably measure some of that in terms of how people would have done these tasks previously. Some of those tasks are trivial, like keeping a paper calendar instead of a digital one.

You can also interpret it in terms of jobs eliminated.

From yesterday: http://highline.huffingtonpost.com/articles/en/poor-millenni...

God, 21st century America is a Dickensian Hellscape.

That interface is horrible. Forced animation, images, and graphics no matter how I scroll down to get to the actual text? Get Out.

Disagree. Maybe one day all of these homes will be owned by a giant corporation, but for now, they are typically owned by individuals. Not everyone who has benefited is a robber baron.

You're rebutting a point nobody made.

Corporations are owned by individuals.

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