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 the Bay Area as even more tech workers crowd in, lured by the possibility of enriching themselves in this massive AI gold rush, according to reporting from The San Francisco Standard.

Housing costs are already notoriously high in the San Fran area, but the AI boom has ratcheted up numbers to eye-watering figures while startup workers are forced to bunk up in small but costly rooms that are the spendy equivalent of flophouses, the publication reports…

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