Starbuck1975
Lifer
- Jan 6, 2005
- 14,698
- 1,909
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What do you define as high value working class, and regardless there will always be a need for low skill service industry workers. Its almost feudal in that regard.Yes, low value add working class is being displaced by high value add working class. It's happening, but that's a nice problem to have.
Dude, what are you talking about? Seriously, you know nothing about SV. It's a fantastic time to be an engineer here. Pay and benefits are phenomenal, and working hours are reasonable.
Boom bust is a great thing for the Valley, it's creative destruction at its finest, plus it results in a lot more money for engineers who lock in dirt cheap stock during the bust and can sell it for many times more during the boom.
All you are gonna get by abandoning free trade are higher prices on imported goods and more automation, which would be a subsidy for Silicon Valley, manufacturing jobs are never coming back unless government basically gives businesses free money to hire people with.
I used to do a lot of work in SV so you are hearing the perspective of a tech person observing from the outside. There are many layers to tech so I supposs it all depends on what company. Some of my peers in SC work absolutely grueling hours coupled with a life crushing commute. No thanks. I played that game for almost a decade.