The tower was built using a concrete frame instead of steel. Which is much heavier - it puts about 4.75x the amount of pressure on the soil below the building (as compared to other steel framed buildings of similar size).
It appears that some of the sinking could be due to weight and changing soil composition (less moisture and nearby excavation).
[0] http://www.sfchronicle.com/bayarea/article/Sinking-Millenniu...
Building on sand, trash, and whatever other gunk comprises San Francisco ground...
Noise might have something to do with too. The last building that I recall having bedrock-depth pilings involved loud shuddering bangs through the financial district for nearly a month. Like you could feel it through the ground 3 blocks away every time they dropped the hammer..
Despite how comforting the word bedrock is to our ears, neither one is "superior" to the other.
Obviously something is going wrong here, but it's not a case of "oh the developers cheaped out and decided to just build a giant skyscraper with no foundation!"