i don’t think we spend enough time thinking about what an insanely paradoxical place California is from a socio-economic viewpoint.
40 million people churning a $4 trillion GDP. compare that to India’s GDP of ~$4 trillion with a 1.25 billion population. cali has 36x the gdp/capita compared to india that’s just insanity or even with japan it’s a 3x multiplier
and the thing is it looks like a recipe for collapse: housing costs, regulation and bureaucracy, massive inequality, earthquakes, huge pension liabilities, some of the highest taxes in America, politicall polarization, super expensive infra
and yet it just…keeps compounding
my thinking is that it’s because it accidentally cornered the world’s most valuable industries at the same time:
silicon valley (software/ai), hollywood (media), central valley (agriculture), la/long beach (trade), biotech, venture capital, defense, universities, and access to pacific markets
california is basically a civilization-scale stress test for whether innovation can outrun dysfunction
so far, somehow, it has and it’s incredible to say the least