IN SAN FRANCISCO, EVEN $180,000 TECH SALARIES ARE NO LONGER ENOUGH

Summary from the TLDR newsletter

Young tech workers chasing the Silicon Valley dream have started to say that an affordable future feels increasingly out of reach. Property, utility, transportation, and grocery costs have risen significantly. A new class of AI elite has emerged that can outspend other tech workers. OpenAI's, Anthropic's, and SpaceX's IPOs combined could mint more than 20 new billionaires among current and former employees.