People hate rich techies
So where were we? Oh yes: everybody hates us.
San Francisco’s recent Google-bus and “homeless trash” kerfuffles are symptoms of an increasingly broad, deep, and bitter anti-tech animosity. The Economist predicts: “The tech elite will join bankers and oilmen in public demonology.” The New York Times concurs: “Tech workers have, rightly or wrongly, received the blame. Resentment simmers.”

Such ingratitude! What’s wrong with these warped, blinded haters?

…Well, OK, it might be the very real sense that these days, with software eating the world, if you’re not in tech, or you’re not already rich, then you are probably basically screwed for life. “We are in the midst of the worst rental affordability crisis that this country has known.” Unemployment remains high, and many unemployed “may simply give up looking for jobs once their benefits lapse.”

Meanwhile, US income inequality today is the highest that it’s been since 1928 — which matters especially because “the decline in middle-class incomes owes as much to rising inequality as it does to the depressed state of the economy.”


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