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oytis
4 months ago
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AI capex is so big that it's affecting economic st...
I don't quite follow. What exactly have non-tech people of San Francisco got from all the tech people working there? How did they become richer (ok, apart from landlords) or how would they become poorer if they lose their jobs?
rcpt
4 months ago
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Tech workers pay a lot of taxes in addition to supporting the local economy.
https://sloanreview.mit.edu/article/the-multiplier-effect-of...
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