Reed Jobs says Silicon Valley’s ‘energy’ has moved to San Francisco thanks to post-pandemic office prices

Steve Jobs’ son thinks San Francisco’s pandemic-era real estate slump helped shift Silicon Valley’s center of gravity up north.

Reed Jobs said on the Sabrina Halper Show that Palo Alto and the South Bay were “where all the juice was” during his father’s career, when companies including Apple, Google, HP, IBM, and Sun Microsystems clustered there.

“And where is the energy now? I would say it has really migrated north of San Francisco,” Jobs said, pointing to OpenAI, Anthropic, and Chai Discovery. “The energy is here, and the companies are here.”

Jobs, who grew up in Palo Alto and has lived in San Francisco for nine years, said the pandemic “made…