I love the rag-tag optimism & grit in SF tech, but enough yokes have been slipped over its shoulders that there are very few directions it can still pull. It can grab talent incubated elsewhere, it can take advantage of special knowledge, but it (mostly) cannot experiment anymore https://twitter.com/Jonathan_Blow/status/1119342163026821120 …
The cost to hire/keep the 10x dev was never constrained by low-end/median housing prices.
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...ah, I think that was a misreading. I'm not sure I find the argument very compelling, though — I don't think creativity scales quite as well as productivity with better tools, and insofar as we've built taller ladders we've also grabbed more of the low-hanging fruit.
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I think you also do see a qualitative difference in creativity with better tools. Think ipad+pencil vs MS paint. I hate to even go down this line of thinking because I completely agree housing is killing SF. Maybe I want to just inject some small dose of optimism :P
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