Their entry is called, for some reason, "The Bacon-Wrapped Economy." Here's a sample:
And that brings with it a whole host of disparate side effects: The arts economy, already unstable, has been forced to contend with the twin challenges of changing tastes and new funding models. Entire industries that didn't exist ten years ago are either thriving on venture capital, or thriving on companies that are thriving on it. It is now possible to find a $6 bottle of Miller High Life, a $48 plate of fried chicken, or a $20 BLT in parts of the city that used to be known for their dive bars and taco stands. If, after all, money has always been a means of effecting the world we want to bring about, when a region is flooded with uncommonly rich and uncommonly young people, that world begins to look very different. And we're all living in it, whether we like it or not.
Yeah, I know, we've all read this article before. Maybe even last week! Anyway, it goes on in the usual vein for a while - People are throwing lavish parties! Newly rich kids aren't very smart about money! - without ever reaching any firm conclusions. No biggie, there'll be many more of these to come. MY PERSONAL FAVORITE PART was about TaskRabbit and those other services where you hire people to do things. Specifically:
According to Molly Rabinowitz, a San Franciscan in her early twenties who briefly made a living doing this kind of work — though she declined to reveal which service she used — many tech companies give their employees a set amount of credit for these tasks a month or year, and that's in addition to the people using the services privately. "There's no way this would exist without tech," she said. "No way."
At one point, Rabinowitz was hired for several hours by a pair of young Googlers to launder and iron their clothes while they worked from home. ("It was ridiculous. They didn't want to iron anything, but they wanted everything, including their T-shirts, to be ironed.")
Well, yeah, Molly. Maybe you missed the WHOLE FUCKING POINT. The idea of these services, as I understand it (but which perhaps Molly is not clear on) is that you hire someone to perform a task that you don't want to do. Shockingly, one of these tasks could be IRONING. Perhaps Molly thought TaskRabbit paid you to drink coffee and lazily thumb through US Weekly?
DISCLAIMERS: (1) I do not mean to suggest that there are no problems with the current tech boom; there most certainly are, but recycling the same article over and over isn't getting us any insight. (2) You should never iron your t-shirts.