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OpenClaw AI Agent Raises Security Concerns
TechnologyTimes of India18h ago

OpenClaw AI Agent Raises Security Concerns

A new AI tool named OpenClaw, reportedly backed by Sam Altman, has emerged as a significant security concern across Silicon Valley, prompting warnings from major tech firms like Meta and Microsoft.

Skeptical of the 'SaaSpocalypse'? Bill Gurley says you should channel your inner Warren Buffett and strike
BusinessBusiness Insider1d ago

Skeptical of the 'SaaSpocalypse'? Bill Gurley says you should channel your inner Warren Buffett and strike

Bill Gurley, the Silicon Valley venture capitalist and a general partner at Benchmark Capital, says AI can serve as "jet fuel" to a career. Michael Kovac/Getty Images for Vanity Fair Bill Gurley offered advice to people who still believe in SaaS companies during an interview on CNBC. He said to stop complaining about falling prices and pick "them up off the floor." He also said that complex "circular" AI deals resemble past accounting red flags. Bill Gurley has some suggestions on how you m...

'Bad outcomes': Indian-origin billionaire Vinod Khosla blasts Ro Khanna, Bernie Sanders over Silicon Valley intentions
PoliticsTimes of India3d ago

'Bad outcomes': Indian-origin billionaire Vinod Khosla blasts Ro Khanna, Bernie Sanders over Silicon Valley intentions

Indian-origin billionaire Vinod Khosla has strongly criticized US lawmakers Bernie Sanders and Ro Khanna. He called them 'morons' for warning about artificial intelligence's potential dangers. Khosla believes their concerns, driven by socialist or communist ideologies, will halt AI's beneficial advancements. These include breakthroughs in medicine, clean energy, and economic productivity.

Palantir's Florida move is more than just a change of address
BusinessBusiness Insider8d ago

Palantir's Florida move is more than just a change of address

Palantir cofounder and CEO Alex Karp Francois Mori/AP Palantir made an announcement Tuesday, saying it relocated its headquarters to Florida from Colorado. The software company, which generates much revenue from defense contracts, did not give a reason for the move. When founder-led firms change headquarters, it often reflects "worldview as much as strategy," said one expert. When a company moves its headquarters, it's making a statement — whether leadership spells it out or not. That's the case with Palantir's surprise announcement Tuesday that it has relocated its home base to Florida from Colorado. The defense-tech contractor disclosed the change in a one-sentence press release citing a new address just outside Miami. Palantir, led by cofounder and CEO Alex Karp, didn't provide a reason or say what it means for employees. The lack of details has left many observers speculating on the motive. "This seems like a pretty obvious attempt to put both Karp and Palantir in friendlier territory," said Jo-Ellen Pozner, a management and entrepreneurship professor at Santa Clara University's Leavey School of Business. Though Karp backed Kamala Harris' 2024 campaign, he has more recently praised the Trump administration's immigration and national security policies. On a November earnings call, Karp called for tougher border policies and highlighted Palantir's work with US Immigration and Customs Enforcement and Israel. Palantir, which relies heavily on government contracts, has also faced protests in Colorado in recent years. Colorado is a blue state, Florida is red. "Not only will the company receive a more welcoming reception and more eager labor pool in Florida, but Karp and his top deputies will probably be more comfortable spending time there than they do in Colorado," said Pozner. Palantir didn't respond to a request for comment from Business Insider about the reason for the headquarters shake-up or the move's impact on employees. Palantir was founded in California's Silicon Valley region in 2003 and moved to Colorado in 2020. At the time, Karp cited an "increasing intolerance and monoculture" in Silicon Valley. Karp owns property in Colorado. Some leadership experts point to Florida's more tax-friendly policies as a reason why Palantir has a new ZIP code. "To me, this is dollars and cents," said Zack Kass, a former OpenAI executive who now advises companies and governments on leading in today's AI-centric business world. "If building a better company meant Karp moving the business to Alaska, he'd probably do it." A number of finance and tech heavyweights have planted flags in Florida in recent years, including Citadel, Thiel Capital, and Thoma Bravo. In January, venture capitalist David Sacks proclaimed that Miami will soon replace New York City as America's financial capital. "I'm grateful for the leadership of the state of Florida," said Citadel's Ken Griffin at the America Business Forum in Miami in November. "This is a great place to call home." Not everyone agrees, though, as others have noted that Miami's social scene hollows out in the summer and the city lacks a major university to pipe in tech talent. Whatever the incentives are behind Palantir's change of address, headquarters moves in general are rarely about real estate, said Jeff LeBlanc, a management professor at Bentley University. Instead, they often speak to the kind of identity leaders want for their companies. "In a world where so much work is hybrid or distributed, the HQ is often more symbolic than operational," he said. "Geography communicates. It says something about who you want to attract, who you align with, and what kind of company you believe you are." LeBlanc pointed Elon Musk's decision to move some of his companies' headquarters from California to Texas for political reasons as an example. In 2024, the billionaire lashed out at California for being the first state to outlaw schools from having to notify parents if a child changes their name, pronouns, or gender identity at school, calling the move the "final straw." "Particularly in founder-led companies, those moves often reflect worldview as much as strategy," LeBlanc said. "Geography has become part of executive messaging." Read the original article on Business Insider

Silicon Valley-style fallout hits Türkiye: Getir’s $700M legal bombshell
BusinessTimes of India9d ago

Silicon Valley-style fallout hits Türkiye: Getir’s $700M legal bombshell

Co-Founders Nazım Salur and Serkan Borançılı of Turkish food and grocery delivery startup, Getir, have filed a $700 million lawsuit against Abu Dhabi investor Mubadala Investment Company. They allege the sovereign wealth fund breached a 2024 restructuring agreement by withholding key assets, including the valuable Getir Finance platform. This legal action escalates a dispute following Uber's acquisition of Getir's Turkish operations.

The Ascent of OpenAI CEO Sam Altman
TechnologyBusiness Insider10d ago

The Ascent of OpenAI CEO Sam Altman

This article chronicles the career trajectory of Sam Altman, detailing his rise from a Silicon Valley figure to one of the most influential CEOs in the AI industry as the head of OpenAI.

Eat The Rich: California Democrats Trigger Reverse Gold Rush With Wealth Tax
Politicszerohedge12d ago

Eat The Rich: California Democrats Trigger Reverse Gold Rush With Wealth Tax

Eat The Rich: California Democrats Trigger Reverse Gold Rush With Wealth Tax Authored by Jonathan Turley, This month, the anniversary of the California Gold Rush came and passed with little mention … for good reason. When James W. Marshall found gold at Sutter’s Mill, millions traveled great distances to seek their fortune in the “Golden State.” Now, 178 years later, California has engineered an inverse Gold Rush, virtually chasing wealth from the state. Rather than covered wagons going West, there is a line of U-Hauls going anywhere other than California. From boondoggle projects to reparations, California politicians continue to rack up new spending projects despite a soaring deficit and shrinking tax base. Rather than exercise a modicum of fiscal restraint, Democrats are pushing through a tax that takes five percent of the wealth of any billionaires left in the state. I have long criticized the tax as perfectly moronic for a state with the highest tax burden and one of the highest flight rates of top taxpayers. In my new book, “Rage and the Republic: The Unfinished Story of the American Revolution,” I discuss the reversal of fortunes in California and other blue states as politicians unleash new “eat the rich” campaigns before the midterm elections. The problem, of course, is that billionaires are mobile, as is their wealth. Liberals expect billionaires to stay put in a type of voluntary canned hunt.  They are not. Billionaires are joining the growing exodus from the state, taking their companies, investments, and jobs with them. The latest billionaire to be chased off may be Meta CEO Mark Zuckerberg, who is reportedly heading for Florida. The growing departures have triggered outrage among many on the left, who are in disbelief that billionaires will just not stand still to be fleeced. Former New York Magazine editor Kara Swisher captured that rage in a recent posting, declaring “you made…all your money in California, you ungrateful piece of s***, you could figure out a way to pay more taxes, and we deserve the taxes from you, given you made your wealth here . . . so why don’t we just do shock and awe at this point, because you don’t seem to be availing yourself to thinking that you owe your state something more.” By some estimates, California has already cost over a trillion dollars in lost investments and business. That is no small achievement. Here’s a mind teaser: How can you burn a trillion dollars (which would create a stack some 67,866 miles high) without taking years and destroying the environment? California politicians have a solution: Have people take it out of the state in a reverse gold rush. In addition to saying that they want to grab 5 percent of the wealth of these billionaires, California Democrats are planning to base wealth calculations on the voting shares of corporate executives. Often, particularly with start-ups, entrepreneurs have greater voting shares than actual ownership. However, they will be taxed as if voting shares amounted to actual wealth. In other words, California is moving to nuke the entrepreneurs who created the Silicon Valley boom. Emmanuel Saez, the U.C. Berkeley economist who helped design the tax, insists that they may not want to stay, but they will still be tapped. They are planning to trap the wealthy fleeing the state retroactively: “The tax is based on residence as of Jan. 1, 2026, sharply limiting their ability to flee the state to avoid paying. Despite billionaires’ threats to leave, I think extremely few will have been able to change residence by Jan. 1, given the complexity of doing so.” The effort to retroactively impose such a tax is legally controversial and will face years of challenges. In my view, this is unconstitutional, but admittedly it is a murky area. Regardless of the outcome, a wealth tax will affect a wide range of other wealthy taxpayers. If Democrats can get a retroactive wealth tax to be upheld, it is doubtful that they will stop with billionaires. Why should other top taxpayers stick around to find out where the next cull will fall in the tax brackets? Recently, Gavin Newsom boasted, “California isn’t just keeping pace with the world — we’re setting the pace.” That is undeniably true if the measure is the record number of U-Hauls fleeing the state — more than any other state. Indeed, the only thing harder to find than a wealthy taxpayer in California appears to be a U-Haul. According to U-Haul’s data, the state is again leading blue states in the exodus. The Washington Post noted recently that “California came in last. Massachusetts, New York, Illinois, and New Jersey rounded out the bottom five. Of the bottom 10, seven voted blue in the last election.” Conversely, “nine of the top 10 growth states voted red in the last presidential election,” with Texas again leading the growth states. The Post put it succinctly, “People want to live in pro-growth, low-tax states, while the biggest losers tend to be places with big governments and high taxes.” The problem is that, while the economics are horrific, the politics remain irresistible. Democratic Rep. Ro Khanna, who represents part of Silicon Valley, recently mocked billionaires rushing to escape the state. Laughing at his own constituents, Khanna quipped, “I will miss them very much.” You will not be alone as California becomes known as the La Brea Tar Pit of taxation. They are on the verge of converting the state motto from “Eureka” to “Welcome to Hotel California, you can check out any time you like, but you can never leave.” Jonathan Turley is a law professor and the best-selling author of “Rage and the Republic: The Unfinished Story of the American Revolution.” Tyler Durden Sat, 02/14/2026 - 20:15

Tech’s politics push at home and abroad
TechnologyThe Guardian2d ago

Tech’s politics push at home and abroad

We report from California’s Silicon Valley, where billionaires pour money into midterms, and the AI Impact summit, where India pushes back on ‘AI monopoly’ held by US and China Hello, and welcome to TechScape. This week, we’re examining the tech industry’s push for influence in two places separated by a time difference of 13 hours and 30 minutes. The first is where tech sees its next big market, the second its home turf. My colleague Robert Booth reports from last week’s India AI Impact summi...

OpenAI Salaries Revealed for Key AI Roles
BusinessBusiness Insider2d ago

OpenAI Salaries Revealed for Key AI Roles

Details on how much OpenAI, the creator of ChatGPT, pays its AI researchers, engineers, and other key personnel have been revealed, showcasing high compensation in Silicon Valley.

OpenAI has a Hollywood problem. They just hired a guy to fix it.
TechnologyBusiness InsiderYahoo7d ago2 sources

OpenAI has a Hollywood problem. They just hired a guy to fix it.

Charles Porch (with red flower), formerly of Meta and now OpenAI, at the Met Gala. Theo Wargo/FilmMagic OpenAI just hired Charles Porch, Instagram's head of partnerships. Porch has deep connections to celebrities and Hollywood, and plans to talk to them about their "fears" of AI. Maybe OpenAI is realizing they need celebrities to stop publicly hating AI so much. A "detriment" to human creativity, said Vince Gilligan, creator of "Breaking Bad" and "Pluribus" about AI. "Horrifying," said James Cameron about the possibility of AI actors. "I'd rather die," said Guillermo del Toro. "Incredibly destructive," said Cate Blanchett. It's not hard to see why OpenAI recognizes it has a bit of an image problem among some people in Hollywood. It appears that the company is now trying to change that. OpenAI just poached Charles Porch from Meta, where he oversaw celebrity partnerships for over a decade, as Vanity Fair reported earlier. Porch is generally recognized for helping make Instagram the cultural juggernaut it is today by helping celebrities who might have been confused by or disinterested in newfangled social media join and use the platform. Porch has deep connections in the entertainment industry — celebrities like Harry Styles attended his lavish wedding this summer in France. Porch wrote on his personal Instagram about his job change: "From helping Beyoncé figure out how to launch an album exclusively on social media to onboarding Pope Francis to Instagram (he held my hands and asked me to pray for him) to watching creators become the next generation of entrepreneurs, the impact on culture that me and the team have been able to have is something that I take great pride in." It's not clear exactly what Porch's new gig will entail. He told Vanity Fair that his first step will be to go on a "listening tour" to hear the hopes and fears about AI from creatives and celebrities. I've asked OpenAI for comment. For Hollywood actors, filmmakers, and studio executives, those fears are pretty big. Why wouldn't Brad Pitt be alarmed to see a passably real AI-generated version of himself in a fist-fight against Tom Cruise? The idea that AI could replace actors, screenwriters, and other creatives is alarming, especially as Hollywood as an industry is hurting. Box office sales haven't bounced back from the pandemic, streaming is complicated, fewer and fewer projects are being made, and efforts to cut costs by filming overseas have devastated Los Angeles' middle-class of film industry workers. On top of that, AI is, as far as I can tell, widely considered a theft machine that gobbled up tons of images and videos from movies and TV for training data, largely without permission or compensation. You can see a filmmaker or actor's point of view here: They stole my face and my work to build this tool, and now they want to use it to make soulless slop that will undercut the value of my work? Why OpenAI's hire has a tough road ahead Not great! I imagine Porch has his work cut out for him. OpenAI and other AI companies have started making deals with Hollywood. Disney made a $1 billion deal with OpenAI around the time Sora 2 launched, licensing Disney characters like Mickey Mouse and Darth Vader, and also becoming a customer and investor in OpenAI. Lionsgate and AMC made deals allowing their catalogs to be used for training Runway. (Business Insider, through our parent company, has a somewhat similar deal with OpenAI.) But those deals with studios, while they might stave off copyright lawsuits and create some cash flow, aren't winning over the hearts and minds of the celebrities and creatives — the kinds of people who make headlines when they call AI "horrifying." Perhaps OpenAI is realizing that celebrities still hold the kind of cultural capital that can't be built in the Bay Area. And while OpenAI has been pretty successful in pushing its agenda in Washington, thanks to an AI-friendly administration, it still has an uphill battle to win over the general public, which remains fairly skeptical of AI. And for that, you need to get the celebs on board. There's a beautiful irony now that these big AI companies are paying big bucks to hire human writers, and VCs are now obsessed with the concept of "taste." It turns out that kinds of "soft skills" that had long been undervalued in Silicon Valley are more relevant than ever now that AI can do a lot of the technical work. And someone like Charles Porch, who has the connections and ability to charm a roomful of Hollywood types and other cultural elites, is more valuable than ever. That's the kind of job AI can't take. Read the original article on Business Insider

What's it like to work for Elon Musk? X's product head describes small, flat teams with weekly reviews from Musk himself
TechnologyBusiness Insider8d ago

What's it like to work for Elon Musk? X's product head describes small, flat teams with weekly reviews from Musk himself

Nikita Bier said that Elon Musk's X was "essentially operating like a startup." Marc Piasecki/Getty Images Want to work for one of Elon Musk's companies? Expect small, flat teams. X product head Nikita Bier compared his experience at X to past jobs at Meta and Discord on the "Out of Office" podcast. Bier said that Musk holds "weekly reviews" of one or two slides with every X engineer. One of Elon Musk's lieutenants at X is sharing what it's like to work in the trenches with him. There are some trademarks of a Musk company, whether it be Tesla, SpaceX, or xAI. His teams are flat, his schedule is jam-packed, and his expectations are high. In the lead-up to a big launch, expect to grind out some long hours. X's head of product, Nikita Bier, recently opened up about working under Musk on the "Out of Office" podcast, contrasting it with his past work at Silicon Valley staples like Discord and Meta. Bier described a "very flat organization" with lots of individual contributors reporting directly to Musk himself. There are very few managers, Bier said. "Everyone has an incredible amount of agency," Bier said. "We come up with an idea, we build it in a week, and it's out." Bier also said that Musk was "deep in the weeds." That's a feat for an executive who runs multiple companies (and once a government agency) at the same time. "He does weekly reviews basically with every engineer at the company," Bier said. "You have one or two slides, you present what you got done that week, he gives feedback." While some social media commenters expressed skepticism that every engineer received a weekly review, Musk is clearly hands-on — as evidenced by another xAI employee's podcast appearance. Sulaiman Ghori worked on xAI's Macrohard team. He described flat teams, few managers — and a wager between Musk and an employee on how quickly he could set up a rack of GPUs. The employee won himself a Cybertruck. (Ghori, who also talked about the company's "carnival company" permit workaround for building data centers, announced he was no longer at xAI four days after the podcast was published.) Bier also described a lean but efficient team that had "like 30 core product engineers." "The size of the engineering team is equivalent to a feature when I worked at Facebook," Bier said. "It's essentially operating like a startup." On X, one user asked whether these 30 employees were on the product or design team. Bier responded: "Engineers, 2 designers, 1.5 product managers and me." It's difficult to compare engineering team sizes to the pre-Musk Twitter days — or even discern which "core" team Bier is referencing. After six months of ownership, Musk cut Twitter's staff by 90%. Five hundred engineers remained at the time. What Bier didn't realize before working with Musk, he said, was that the executive will "always do the hard things." Consumer product builders are often looking for quick wins, Bier said. Musk chooses the most important — and difficult — thing to do, he said, from rebuilding the algorithm to building data centers. That also means: Don't expect a lazy Friday at X. "Every morning, every day, there's a new crisis," Bier said. "I'll just open my phone and be like: 'Oh my god.'" Read the original article on Business Insider

This AI Electricity Stopgap Needs a Big Caveat
Technologyadvisor-perspectives2d ago

This AI Electricity Stopgap Needs a Big Caveat

The captains of artificial intelligence are an impatient lot. There’s good reason for the existence of the Silicon Valley cliché “move fast and break things.” They are certainly moving fast on the bui

Miami is not the next Silicon Valley. It's something much weirder.
BusinessBusiness Insider8d ago

Miami is not the next Silicon Valley. It's something much weirder.

Kevin Dietsch/Getty Images; Getty Images; Rebecca Zisser/BI Tech's elite are taking their talents to South Beach — again. In January, David Sacks, the venture capitalist and crypto and AI czar, proclaimed that Miami will soon replace New York City as America's financial capital. Stripe's Patrick Collison has been marveling at the city's "boomtown" vibes. With California flirting with a one-time tax on billionaires, said billionaires like Larry Page, Sergey Brin, and Mark Zuckerberg are buying oceanfront mansions. And on Tuesday, Palantir announced that it's moving its headquarters from Denver to Miami. Is Miami the next Silicon Valley? We've been here before. The pandemic sent waves of coastal workers to the city, turning it into a Zoomtown full of online venture capitalists like Keith Rabois and Delian Asparouhov, bitcoin bull runners, and purveyors of the finest NFTs. Billboards went up in San Francisco featuring a mock tweet from then-Miami mayor Francis Suarez: "Thinking about moving to Miami? DM me." Here's the thing: It's easy to fall for Miami when a big chunk of the workforce is stuck at home and online. Five years later, it's a lot harder to build companies there. "Miami is great three months out of the year," says one prominent venture capitalist who moved to the city during the pandemic but is now returning to an established hub. While the Floridian tax benefits are real, the investor has found that the social scene hollows out in the summer as residents leave, making it "hard to build roots or have reliable friends." More critically for the startup ecosystem, the scene lacked the "hustle" of San Francisco or New York. Silicon Valley practically runs on a conveyor belt from Stanford and Caltech to Y Combinator's Dogpatch offices. The machine turns students into founders, builders into companies, and companies into the next wave of founders. Miami, meanwhile, lacks a major university to pipe in tech talent. Instead, the investor says, the city tends to attract people who have already "made it." Miami and Fort Lauderdale-based startups raised $3 billion in 2025. Bay Area-based startups raised $177 billion. The Miami market, while busy, significantly lags behind the major hubs. Startups in the Miami-Fort Lauderdale metro raised about $3 billion in 2025, per PitchBook, down from $8.6 billion in 2022, when money and crypto sloshed about. The Bay Area, by contrast, still grabs 52% of the nation's venture funding, with $177 billion in capital pouring in last year. Alligators may be all around in Miami, but unicorns are hard to find. In January, Cast AI, a startup that helps companies cut cloud costs, crossed the $1 billion valuation mark, becoming the region's first homegrown unicorn in years. Before that, Adam Neumann, the ousted WeWork cofounder, debuted his Miami residential real-estate venture, Flow, at a $1 billion valuation in 2022. Even Garry Tan, the Y Combinator president and gadfly who's usually first in line to dunk on San Francisco's politics, has been blunt about where the breeding grounds are best. Tan recently said on X that the accelerator still hasn't opened offices outside the Bay Area because founders are simply more likely to build unicorns there. According to a Business Insider analysis of Crunchbase data, of the at least 97 new unicorns that investors minted in 2025, 43 of them were based in the Bay Area. But those who dismiss the city entirely miss the point. Miami isn't the next San Francisco. It's establishing itself as something else. Patrick Murphy, a former Florida congressman and entrepreneur, says that Miami's tech scene is growing, it's just being built in "reverse order." Silicon Valley, he says, emerged from an if you build it, they will come approach: Engineers built great companies first, which eventually created fortunes that cycled back into the community to fund the next generation of companies. Miami, however, has a more if you come, they will build it tact. It's attracted the "wealth achievers" first — the family offices, private equity names, and already-successful founders who emigrated for lifestyle reasons. Finance heavyweights like Citadel and Thoma Bravo arrived early. Vanguard, one of the world's largest asset managers, is eyeing an expansion in Miami as it targets more Latin American wealth. The city is now importing the machinery that follows them. Legal, accounting, and consulting firms are opening local offices to stay close to clients — and scoop up star talent that no longer needs to live near HQ. This dynamic has established Miami as a "control center" for decision-makers, Murphy argues, but not yet the "factory floor" where the actual work gets done. Murphy says that despite running a successful construction-tech startup, Togal.AI, his engineering team has been offshore from the beginning because the local talent pool simply "didn't exist" when he started in 2019. "If you go to Miami, you're not going to see dozens of engineers at a Starbucks cranking away," he says. "That's not here yet." Still, Miami's flood of wealth is creating demand for startups built on the city's local economy, especially in property tech and fintech, Murphy says. Togal.AI's annual recurring revenue has grown 1,000% over the past two years, Murphy says, and is now raising fresh venture funding in order to hire dozens of new employees this year. Palantir's move immediately became a kind of Rorschach test for Miami's future. "Florida is the new crypto," one user wrote on X. Maya Bakhai, a Fort Lauderdale resident and founder of the early-stage venture firm Spice Capital, tells me that the city will flourish alongside "net new" industries that are still taking shape and where the center of gravity isn't locked in yet. Crypto firms like MoonPay and QuickNode still treat South Florida as a home base, she notes. A new space-tech accelerator backed by the state is trying to persuade founders to stick around by pairing them with funders. Bakhai's bigger bet is that just as New York became the hub for e-commerce, Miami could become the place where creator businesses get built. Research out of the University of Hong Kong found Miami has more top influencers per capita than New York or Los Angeles. And then there's Palantir, the strongest signal flare yet that tech is taking America's Playground seriously. It's hard to know what the data giant's HQ move will mean in practice — Palantir hasn't said how many employees it plans to relocate, or whether it will offer moving packages to lure talent south. The company did not respond to an email request for comment. If Palantir does move a meaningful slice of its workforce, it would give Miami something it's been short on: a marquee tech employer that can recruit and keep technical workers on the ground year-round. On X, Palantir's move immediately became a kind of Rorschach test for Miami's future. ""Florida is the future," cheered Andreessen Horowitz investor Katherine Boyle. Others were less convinced. "Florida is the new crypto," one user wrote. "For the next 20 years, nothing will change, but they will always tell you 'big things are happening in Florida.'" Turning Miami into Silicon Beach is a long game, Bakhai argues. It won't be built by the billionaires buying houses to snowbird in today, she argues, but by the young strivers arriving for their first serious jobs — the entry-level analysts heading to Citadel and the junior lawyers starting at firms like Orrick. For the first time, she says, ambitious graduates can launch careers in Miami instead of treating New York or San Francisco as the default. The payoff, she says, comes years later, when they eventually spin off to start their own companies. Until then, Miami remains largely a playground for the "made it" crowd, waiting in the sun for the builders to come. Melia Russell is a reporter with Business Insider, covering the intersection of law and technology. Read the original article on Business Insider