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MorlockP's profile
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
@MorlockP

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ⓘ Dogs don't have thumbs

@MorlockP

Two-time Prometheus award-winning hard science fiction author. https://www.amazon.com/dp/B005JPPMS6  Learn how to homestead https://www.amazon.com/dp/B093BC3K1T 

Aristillus Crater, Luna
amazon.com/dp/B005JPPMS6
Joined June 2012

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    1. Eddie, Son of Richard‏ @random_eddie 27 Oct 2020

      Eddie, Son of Richard Retweeted Lara O'Reilly

      I honestly have no idea what the stable equilibrium is herehttps://twitter.com/larakiara/status/1321150917484388353 …

      Eddie, Son of Richard added,

      Lara O'ReillyVerified account @larakiara
      "To support employees to live where they want to and do their best work, we are eliminating geographic compensation zones in the US. It means that our US compensation will be tied to pay ranges of high-cost areas such as SF and NY, regardless of where employees live." https://twitter.com/nicksinger91/status/1321150650135113728 …
      4 replies 4 retweets 25 likes
      Show this thread
    2. Eddie, Son of Richard‏ @random_eddie 27 Oct 2020

      Bluntly, there's two possibilities: . SF companies capture tons of value by hiring remote workers and paying them lower wages or . Workers capture tons of value by living remote and getting paid SF wages

      2 replies 1 retweet 16 likes
      Show this thread
    3. Eddie, Son of Richard‏ @random_eddie 27 Oct 2020

      Either is feasible, plus of course some combination. But here's the thing that happens in either scenario: San Francisco disintegrates and burns.

      2 replies 1 retweet 23 likes
      Show this thread
    4. Eddie, Son of Richard‏ @random_eddie 27 Oct 2020

      The people living in SF did things that generated unfathomable wealth. And because they lived there, a mountain of money piled up in one geographic place, driving the cost of living (esp. housing) sky-high.

      1 reply 1 retweet 14 likes
      Show this thread
    5. Eddie, Son of Richard‏ @random_eddie 27 Oct 2020

      Now that the people generating that wealth don't have to actually live there any more, that mountain of money is going to explode like a volcano and blow its ashes all across the country.

      1 reply 0 retweets 15 likes
      Show this thread
    6. Eddie, Son of Richard‏ @random_eddie 27 Oct 2020

      That's true whether gains from hiring remote workers go mostly to the companies or mostly to the remote workers. Either way, the workers will be remote. Enormous flows of money are going to be leaving the Bay Area, never to return.

      1 reply 0 retweets 13 likes
      Show this thread
    7. Eddie, Son of Richard‏ @random_eddie 27 Oct 2020

      And it's going to happen SO fast. It's gonna be breathtaking.

      1 reply 0 retweets 13 likes
      Show this thread
    8. Eddie, Son of Richard‏ @random_eddie 27 Oct 2020

      There's going to be an economic shock in the Bay Area the likes of which California has never seen. Mostly in housing prices.

      3 replies 1 retweet 21 likes
      Show this thread
    9. Eddie, Son of Richard‏ @random_eddie 27 Oct 2020

      What will that mean? What are the actual consequences going to be? ¯\_(ツ)_/¯ But I know that shocks of that magnitude don't have happy consequences. ... at least, not for everyone.

      5 replies 0 retweets 12 likes
      Show this thread
    10. silicon age tulpa‏ @mr_archenemy 27 Oct 2020
      Replying to @random_eddie

      when the Great SF Diaspora happens, and a tech nerd who works for an SF company decamps to the hinterlands, and later stops working for that SF company and starts looking for a new job, other companies will feel intense pressure to accept remote work as a default practice, too.

      2 replies 0 retweets 4 likes
      ⓘ Dogs don't have thumbs‏ @MorlockP 27 Oct 2020
      Replying to @mr_archenemy @random_eddie

      the only part of this conversation I don't understand is how you're saying "when, in the future" as opposed so "so, since June..."

      12:52 PM - 27 Oct 2020
      • 7 Likes
      • Fun Buff Jots Shadowy Sky Dedicating Ruckus Poi itsnotreal random_scrub Eddie, Son of Richard
      2 replies 0 retweets 7 likes
        1. New conversation
        2. silicon age tulpa‏ @mr_archenemy 27 Oct 2020
          Replying to @MorlockP @random_eddie

          because i assumed the original quoted tweet to be about a new practice?

          1 reply 0 retweets 1 like
        3. silicon age tulpa‏ @mr_archenemy 27 Oct 2020
          Replying to @mr_archenemy @MorlockP @random_eddie

          i only went one level down, not to the original reddit post.

          0 replies 0 retweets 1 like
        4. End of conversation
        1. New conversation
        2. Eddie, Son of Richard‏ @random_eddie 27 Oct 2020
          Replying to @MorlockP @mr_archenemy

          the future is just the present but moreso

          1 reply 0 retweets 5 likes
        3. Eddie, Son of Richard‏ @random_eddie 27 Oct 2020
          Replying to @random_eddie @MorlockP @mr_archenemy

          turns out predictions are in fact very easy, especially about the future

          0 replies 0 retweets 5 likes
        4. End of conversation

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