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A comment on The world needs at least 600M new jobs in the next decade for young people. Parent comment

Re:The world needs at least 600M new jobs in the next decade... by eli_gottlieb on Tuesday October 13, 2015 @11:44PM (#10384903)
>What's happening now is that "software is eating the world", and displacing the existing networks of production throughout the economy. That's leading to a class system of "those who own the data" (entrepreneurs & executives of large tech companies) => "those who work with the data" (software engineers, and likely hardware engineers & material scientists in the near future) => "everybody else".

Unexplained data: $3500/month one-bedroom apartments in San Francisco. If technologists are on top of the hierarchy, why can't they get society to give them easier access to better housing?

Counter-hypothesis: because the rentier-owners of land, natural resources, and financial assets are actually still the ones on top.

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Re:The world needs at least 600M new jobs in the next decade... by nostrademons on Wednesday October 14, 2015 @12:27AM (#10385036)
They do get society to give them easier access to better housing. That's what the rent is for. Being "on top of the hierarchy" doesn't mean that they can get access to everything for free; it means that they have enough money that they can spend it and write it off in exchange for the things they want.
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Re:The world needs at least 600M new jobs in the next decade... by eli_gottlieb on Wednesday October 14, 2015 @07:56AM (#10386074)
I have not heard that tech salaries are nearly high enough to write off Bay Area rents as a negligible expense. Property-owners win again.
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