Tech Has Made San Francisco Rich, and Also Angered Longtime Residents
If there was a tipping point, a moment that crystallized the anger building here toward the so-called technorati for driving up housing prices and threatening the city’s bohemian identity, it came in response to a diatribe posted online in August by a young Internet entrepreneur.
The backlash was immediate. Fliers appeared on telephone poles calling Mr. Shih a “woman hatin’ nerd toucher.” CheapAir offered him a free ticket back to New York. Readers responded that what they hated about San Francisco were “entitled” technology workers like him.
Mr. Shih, who said he received death threats after the post, deleted it and apologized.
But a nerve had been struck. As the center of the technology industry has moved north from Silicon Valley to San Francisco and the largess from tech companies has flowed into the city — Twitter’s stock offering unleashed an estimated 1,600 new millionaires — income disparities have widened sharply, housing prices have soared and orange construction cranes dot the skyline. The tech workers have, rightly or wrongly, received the blame.
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