Silicon Valley is not like Wall Street in that way. If quantum computing breaks public key encryption the world is in deep doo-doo though.
It is like Wall Street back in the 00s in that it attracts greedy people as well as people in it for the love of it. I predict the greedy people will ruin this iteration of Silicon Valley, if they haven't already.
It also has a savior complex that is convinced Silicon Valley is "doing God's work". In other words drinking the Kool-Aid. "Do well by doing good" is a bit self-serving to me. It's a big warning sign when an industry constructs a mythology around itself. First, it's used as a psychological reward for employees that allows employers to suppress wages. Second, like any moral framework it makes ends-justifies-the-means rationalization easier.
It is like Wall Street back in the 00s in that it attracts greedy people as well as people in it for the love of it. I predict the greedy people will ruin this iteration of Silicon Valley, if they haven't already.
It also has a savior complex that is convinced Silicon Valley is "doing God's work". In other words drinking the Kool-Aid. "Do well by doing good" is a bit self-serving to me. It's a big warning sign when an industry constructs a mythology around itself. First, it's used as a psychological reward for employees that allows employers to suppress wages. Second, like any moral framework it makes ends-justifies-the-means rationalization easier.
It's just commerce! Get over it.