But also 10% of GDP doesn't mean 10% of citizens are employed in those industries. Likely it is less than 10% of the population.
I think your anecdotes do not generalize to the population.
But also 10% of GDP doesn't mean 10% of citizens are employed in those industries. Likely it is less than 10% of the population.
I think your anecdotes do not generalize to the population.
People that are less fortunate are going to start getting investment together to buy raw land, build a house and sell it for upwards of the salary of an AI developer at Google.
This is something people can get started on literally tomorrow.
You can live in a structure which is not certified as meeting the code's requirements. But selling it would be hard.
Houses in California cost more than a Google AI developer's salary because you have to know more than a Google AI developer to build them.
I don't think the economics work out here for the "less fortunate" because there is a certain minimum threshold of time-plus-money necessary to start this process, and I think without detailed planning provisions it will end up as worse-than-useless sprawl, but it's something to build on, if you'll excuse the pun.