Google chairman Eric Schmidt says that people in Silicon Valley don't talk about the concerns of the 99% because a lot of them are immune to those concerns.Article well worth your time.
He told Brad Stone at BusinessWeek, "Occupy Wall Street isn’t really something that comes up in daily discussion, because their issues are not our daily reality."
He also said "We live in a bubble, and I don’t mean a tech bubble or a valuation bubble. I mean a bubble as in our own little world.... Companies can’t hire people fast enough. Young people can work hard and make a fortune. Homes hold their value."
Points to Schmidt for his candor.
But this is a very narrow industry phenomenon, not a geographical one.
Friday, December 23, 2011
Google Boss ERIC SCHMIDT: We Don't Talk About Occupy Wall Street In The Valley Because We Don't Have Those Problems
The San Francisco Chronicle reports: