SF's AI boom deepens cost crisis for non-tech workers

Business Insider examines how San Francisco’s AI-driven wealth concentration is inflating housing costs and squeezing non-tech workers and small businesses. The piece follows residents like a 26-year-old project manager who downsizes to shared housing, small bakery owners struggling to recruit staff, and service workers facing rising rents, highlighting a widening wealth gap and debates over whether a “permanent underclass” will form even as some see AI-driven opportunity across sectors.