> In 2018, Moritz also wrote for the Financial Times about what he perceives as the excesses of Silicon Valley’s labor culture (and, more broadly, California’s culture) — linking gripes about work-life balance and parental leave to complaints about corporate speakers with unsavory politics and “the need for a space for musical jam sessions,” calling them all “unwarranted distractions.” He then goes on to praise Chinese tech companies — and by extension, what he sees as China’s broader culture of frugality, a lack of work-life balance and, curiously, “disregard paid to physical fitness"

Yikes.

This whole saga sounds like the start of an epic lesson in societal collapse. A city is struggling with decline, and despite great wealth being present, it is concentrated enough at the top for a handful of wealthy individuals to literally start their own city next door. Those people are so out of touch with the needs of normal people that the new city solves all the wrong problems.

It’s like the corrupt aristocrats in a crumbling Rome decided to start a new Rome next door, not realizing they were a big part of the problem all along.

A lot people have strong anti San Francisco feelings.