News for hackers. Stuff that matters.
Re:Tech elites leaving San Francisco threaten Silicon Valley... by vl on Monday December 07, 2020 @03:07PM (#25336645)
>They will soon realize they don't need to pay SF wages.

The reason they pay “SF wages” is because they can’t hire talent at other prices, not because of some goodness of the heart. While total talent pool might be slightly expanded with people who didn’t want to move to SF previously, overall it’s not going to be a big shift.

Re:Tech elites leaving San Francisco threaten Silicon Valley... by three_seagrass on Monday December 07, 2020 @04:01PM (#25337459)
For talent that needs to come to live and work in the Bay Area. Remove that need, suddenly wages are normalized for the area the talent lives in.