Big Tech adding 20000 jobs by 2022 in NYCnytimes.com 6 pointseerrt6 years ago1 commentSaveHideCopy link On HNComments−arcanus6yI find it absurd how tech is blamed for gentrification in various cities, but particularly New York.Finance, law, inherited wealth, foreign buyers have been purchasing NYC real estate for decades.At least the technology industry contributes to economic growth. The rest is largely a result of rentier capitalism and oligopoly.
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I find it absurd how tech is blamed for gentrification in various cities, but particularly New York.
Finance, law, inherited wealth, foreign buyers have been purchasing NYC real estate for decades.
At least the technology industry contributes to economic growth. The rest is largely a result of rentier capitalism and oligopoly.