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Published 16 days ago

AI boom in Silicon Valley is going to worsen the housing problem, says CEO of billionaire-backed company trying to build a new city near San Francisco

Summary by Business Insider
Jan Sramek is the CEO of California Forever, a billionaire-backed company that is trying to building a new city in California.Terry Chea/APJan Sramek, CEO of California Forever, wants to build a new city in Solano County, California.He said he hopes to provide more affordable housing with the new city.The recent "AI boom" will only make the housing crisis worse, Sramek told Kara Swisher.The leader behind the grand plans to build a new city in No…

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