Concentration of High-Tech Workers Has Benefits – and Costs
nber.org
nber.org
The look of surprise on my coworker’s faces when they learned building maintenance doesn’t get RSUs.
For example, I suspect a high tech worker earning a high salary is far more likely to interact with average people living in an apartment building in NYC taking the subway (or even an Uber or yellow cab) to places, buying random stuff from the neighboring bodega and popping into the local dive under the building, then the same high tech worker living in the suburbs of a small town completely cut off from everybody except for the people they meet in the places they drive to, which will likely be a curated list of places where they’re more likely to come across like minded people.
I think we simply forgot to accomodate for it in zoning and city planning. Where you have mixed commercial and residential zoning with public spaces it happens naturally in my experience.
I am inclined to call bs on this.
There used to be fairly common stories of people who worked as receptionists or whatever becoming millionaires in IPOs because they'd received stock options so early in companies.
Building maintenance is often employed by someone other than the tenant of the building, but if they were employees of the company, I wouldn't be surprised if they were getting RSUs as part of their comp.
By that definition, patent trolls could be considered some of the most productive organizations?
I was hypothesizing similar conclusion as in the article.