Seeing the Real Faces of Silicon Valley
For many midlevel engineers and food truck workers and longtime residents, a region filled with extremes has become increasingly inhospitable.
Hasnain says:
“As the valley’s tech companies have driven the American economy since the Great Recession, the region has remained one of the most unequal in the United States.
During the depths of the pandemic, four in 10 families in the area with children could not be sure that they would have enough to eat on any given day, according to an analysis by the Silicon Valley Institute for Regional Studies. Just months later, Elon Musk, the chief executive of Tesla, who recently added “Technoking” to his title, briefly became the world’s richest man. The median home price in Santa Clara County — home to Apple and Alphabet — is now $1.4 million, according to the California Association of Realtors.”
Posted on 2021-05-09T05:01:24+0000