In early 2000s, Silicon Valley was changed from a hardware hub (HP, IBM, etc.) to a software hub (Oracle, Informatica, Google, etc.). And now it is changing fr

In early 2000s, Silicon Valley was changed from a hardware hub (HP, IBM, etc.) to a software hub (Oracle, Informatica, Google, etc.). And now it is changing from software hub to "social networking" + "new business models" hub which unfortunately do not require hard core engineering skills. For example web design skills are very much in demand. I'm in 40s, and I wanted to move from my corporate job to something like start up I found out that majority of jobs in new startups are to get young people (so called talents) to work on simple applications for under-market wage (wages which are ok if you don't have any dependents) with benefits and "culture" intentionally set up to attract only young people.