News Summary

• The cost of living in San Francisco has skyrocketed due to the city's AI boom.
• High salaries offered by AI companies like OpenAI, Anthropic, Thinking Machines Lab, Cognition, and Databricks are creating a concentration of wealth.
• Small-business owners and workers outside the tech sphere feel that life in the city has become an exclusive party they can't afford to get into.
• "I definitely feel like I am living like a college student, not an adult," Kacie Barrett, 26, said.