A UC Berkeley professor of Economics wrote in San Francisco Chronicle that the preponderance of high-tech jobs is ultimately good for everyone. Despite the surge in local rent and food prices, the author, Enrico Moretti argues that although only a select few can work in tech, the industry itself creates jobs in other fields, like the service industry. Moretti seems to be taking the long view — his is like the Clintonian concept that a rising tide lifts all boats.
It’s a controversial assertion, and we’d like to know what you think. Tell us below in the comments.