
San Francisco is witnessing a significant tech revival, fueled by its role as a hub for the artificial intelligence (AI) boom, attracting entrepreneurs and investors back to the city. This resurgence comes despite previous predictions of a 'doom loop' due to municipal challenges. The city now faces the task of leveraging this opportunity to address its longstanding issues. In the midst of this revival, Sam Altman, a prominent figure in the AI industry, has proposed a plan to raise between $5 trillion and $7 trillion for AI development, aiming to create the largest compute build-out in history. This plan has sparked a debate within the tech community, with legendary chip architect Jim Keller suggesting that he can achieve similar goals for less than $1 trillion. Global chip sales are projected to reach $1 trillion by 2030, nearly doubling from almost $528 billion in 2023, highlighting the growing demand for AI capabilities. San Francisco's unique position, with its proximity to major tech companies and institutions, positions it as a key player in the AI revolution, despite criticisms of its public services.
San Francisco is once again experiencing a tech revival as entrepreneurs and investors return after decamping to other cities https://t.co/NMF8Z0rJ7p b t via @WSJ
Politics aside, the SF/Bay Area has an unstoppable advantage when it comes to attracting AI wealth. Stanford, Google, Meta, Apple...not many other places for the AI revolution to unfold. https://t.co/9cJ9PQ1Cox
San Francisco is once again experiencing a tech revival as entrepreneurs and investors return after decamping to other cities https://t.co/82PnKgEoTn








