It's likely cyclical. Check again in 2040. The glamour of a "hot startup" was a side effect of ZIRP. The glamorous 'day in the life' videos were a result of Z

It's likely cyclical. Check again in 2040. The glamour of a "hot startup" was a side effect of ZIRP. The glamorous 'day in the life' videos were a result of ZIRP. Tech optimism was a dream that was only insulated from reality by the easy money of ZIRP. The inevitability of big corporations is a result of them actually having to make money now, not just expecting to make money at some point in the distant future, is a result of higher interest rates. Decline of the open internet and the rise of proprietary services is because companies want to actually make money. Being a programmer doesn't seem as desirable or command nearly the respect that it did just a decade ago because tons of people who wanted easy money, because of ZIRP, became programmers and diluted the pool.