Housing, artificial intelligence and income inequality made headlines and heads spin after the Silicon Valley Index Report was published.
According to the report, nine people in Silicon Valley control 15% of the area’s wealth, and the wealthiest 1%, or 9,000 people, control nearly half of the wealth.
The report also showed that the area has the nation’s highest wage gaps and highest income gaps.
“A lot of my friends that I’ve had growing up have had to move out of the…
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https://www.nbcbayarea.com/news/local/silicon-valley-index-2025/3811309/