This could turn out to be a very good thing for the country. It's a social & economic problem if all the money & opportunity are squeezed into just one metro.
This could turn out to be a very good thing for the country. It's a social & economic problem if all the money & opportunity are squeezed into just one metro.
Once you cross the hump to not seeking physical proximity when seeking to minimize labor costs, there's very little reason to go to the rest of the US once you leave the SFBA.
The country it's good for isn't the US.
You might think of HP as a California company but they had large engineering hubs all over the country.
Look at the job listings for US tech company EMEA HQs. It's almost all sales and legal. Occasionally a pre-sales Engineer position comes up.
Meanwhile, they are hiring dozens of Devs at their US HQ.
Or, probably more accurately, it is a slippery slope, but not a very steep one. I do believe that jobs (and wages) are going to get distributed differently in the future. But, I'm hopeful that it'll be an improvement over having every high-paying job be in the same 5 dystopian cities.