With over 66,000 digital economy businesses employing more than 1.6 million Californians, the state's GDP loses significantly from legal actions against tech companies.
California's pension plans face a minimum loss of $14.7 billion due to litigation against tech firms, equating to over $3,800 per plan member.
The anti-tech movement's financial repercussions extend beyond tech employees, affecting the market value of firms and their shareholders, including public servants' pension funds.
Public servants should recognize that the ongoing legal challenges to tech giants like Google and Apple threaten California’s economic stability and their retirement investments.
Collection
[
|
...
]