I do not live in the Valley, so I may be clueless, but... I get the impression from afar that the Valley has become a center of hype more than a center of subs

I do not live in the Valley, so I may be clueless, but... I get the impression from afar that the Valley has become a center of hype more than a center of substance. The whole Singularity University thing strikes me as a shark jumping moment.