With all their ideas, billions, power and influence, the thing that stings the most for the SF plutocrats is that at the end of the day they couldn't beat a few hundred acid damaged hippies for control or win hearts and minds of a singe city. They failed.

An astonishing and embarrassing defeat.

They can't lead so they seethe, sow division, deflect, and finally dream up fantastical escape hatches, someplace new and safe where they can be free from all bogies, someplace they can escape their own failure. 

This time will be different, right?

No, woke.

Remember, tech immigrants can’t vote!

It was white leftists that destroyed San Francisco. They got billions for their NGOs by addicting poor people to drugs. And they didn’t defeat the Internet anymore than Detroit defeated cars.

They just ruined a city and blamed it on immigrant programmers.

This is a bad take. Unless you're gonna argue that the democratic politics of Austin/texas, Utah/salt lake, and idaho/boise were democratic as well, and it's all the democrats there acting hostile to the "Californians/Asians". Rather than this as a result of the cantillion effect, which is apolitical.