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Pages: Silicon Valley tech ain't what it used to be [1]
Author Topic: Silicon Valley tech ain't what it used to be

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2010-09-21 15-52-14

Silicon Valley tech ain't what it used to be Between 2001 and 2008, the Silicon Valley underwent a transformation. Following the peak of the high-tech boom, employment in Silicon Valley high-tech industries declined by about 17 percent, representing a loss of slightly more than 85,000 jobs; however, average wages grew by nearly 36 percent in these industries during the same period. Of the 11 industries analyzed in this report, 8 experienced employment declines and 3 industries — pharmaceuticals, aerospace, and scientific research — exhibited employment growth during the 2001 to 2008 period
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2010-09-24 15-06-31

The other problem with Silicon valley... Is that its fucking expensive to live here. A house here is around $650k or more on average. Even if you make say- 150k a year, there's no way you can afford to buy a house here. For the past 4-5 years I've just been working, renting, milking the jobs for all they're worth, and save up just o I can move away from here to somewhere else that isn't as expensive. The other problem with SV is that fully 75% of the tech businesses make bullshit, worthless products that somehow get supported by VC capital.
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  • carreker

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    2010-10-01 13-34-27

    Whatever you do - don't move to MA - not cheap here either....
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  • dana

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    2010-10-01 14-15-03

    That's why I'm looking at Austin. Pretty healthy tech industry, and its actually affordable.
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  • lippy

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    2010-10-01 14-40-51

    tech is a strange thing,you just don't know what might catched fire. ie: tweeter, facebook, google, yahoo, even PC at the beginning.
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    2010-10-05 1-47-44-

    So, Are These Growth Areas In SV Now? pharmaceuticals aerospace scientific research I don't have any work experience in those areas.
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    2010-10-06 6-14-06-

    admin-data management start by getting your foot in the door.
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  • Zbignew

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    2010-10-11 2-35-22-

    Also, SF Bay Area aka as the Little North Korea
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