The AI Boom Is Creating Housing Costs in the Bay Area That You'll Think You Must Be Hallucinating
Akin to a rapacious maw, the AI boom has swallowed up untold amounts of water, energy and jobs lost to automation. Now add the rapidly dwindling housing stock in San Francisco as people arrive, lured by possibility of enriching themselves in this massive AI gold rush, according to a report from The San Francisco Standard. Housing costs are already notoriously high in the Bay Area, but the AI boom has ratcheted up numbers to eyewatering amounts while AI startup tech workers are being forced to bunk up in small but costly flophouses for the 21st Century, the news publication reports. […]
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https://futurism.com/ai-boom-housing-costs-san-francisco