I think another phenomena is that after (and perhaps because of) Facebook, the definition of "prestigious" fragmented. People today don't agree on what's prest

I think another phenomena is that after (and perhaps because of) Facebook, the definition of "prestigious" fragmented. People today don't agree on what's prestigious, because they have different values and different subcultures. In some circles Google is still prestigious; in others, they are literally the devil. So you might be looking at a job for prestige, but for many younger people, the roles they hold prestigious are various forms of entrepreneurship or public service. Also, lucking out on crypto or having many followers on social media are absolutely "selective" processes in that the sense that not everybody who attempts them succeeds. Typically, the people who value those activities consider it "skill" when someone's selected, while other bystanders consider it "luck". But that goes for corporate hiring as well; a lot of people consider passing the Google interviews to be just a matter of luck.