In 2003, not too long after the dot-com collapse wiped out internet startups all over San Francisco, I wrote a story for The Wall Street Journal about artists and other bohemian types reclaiming the city from tech interlopers. LOL. If there’s one thing San Francisco has shown again and again over the decades, it’s that fortune seekers can’t quit the city by the bay.
Still, predictions of tech’s demise in San Francisco got a boost Tuesday with the news that Twitter—an icon of the city’s tech scene—will allow some employees to permanently work from home, even after the coronavirus outbreak subsides. It capped weeks of speculation that the current work-from-home groundswell will lead to a long-term shift of tech industry workers out of the Bay Area, to more affordable locations.