I was in the Bay area during the first bubble, so that's my basis for my comments. An anthropologist I knew described the Bay area as a place where 'adolescents go to retire', which made a bunch of sense. A sense of the 60s was still around, with the general wackiness and Folsom Street Fair and the alt-cultures around. The tech scene was merely the latest incarnation of the gold-rush mentality.<p>But now, given everything I have read about the Bay these days, I don't think I'd want to live there. Apparently all the artists have left, Burning Man is a corporate event soon to be shut down permanently (given what I've heard about the cops), money, money, money... too much wanna be zillionaires all hoping to best buds with Zuckerberg someday. IT culture is not what is was 'back in the day'. And get off my lawn!<p>And I have lived in London for seven years, more than I did in SF. I greatly prefer London. Good public transport, it feels like a place you can live, it's a real city, not a bunch of suburbs (but now the rents... well, being used to SF rents when I moved, it was similar).<p>My take on the article is the guy projects a lot onto the two cities. The tech scene has all these romantic associations with it and good lord, I am getting tired of hearing about them. At the end of the day, it just a job for most people and few startups actually matter (Uber matters because they are screwing up so much). "Changing the world" only equals working on social problems like establishing UBI, not running the world's largest BBS so your grandma can read fake news that is written in Romania or feeding the ADD of adolescents who like to take pictures of their food. As for financial, that will always matter until capitalism crashes.