Curiously, I read that comment as saying: Silicon Valley is too preoccupied with short term profits to be able to concentrate for a long time and come up with s

Curiously, I read that comment as saying: Silicon Valley is too preoccupied with short term profits to be able to concentrate for a long time and come up with such 'tangible' and actual benefits in the domain of transportation. This is not the next 'snapchat/tumblr/facebook' ... That's how I interpreted his comment at least.