This article suffers from presentism. The people who set out to change the world are still in the Bay Area, probably in the same rate per capita as the past. W

This article suffers from presentism. The people who set out to change the world are still in the Bay Area, probably in the same rate per capita as the past. What has changed is that tech has become more accessible and therefor more pop. Basically, the number of software engineers per capita has grown dramatically, but that most of the growth is happening in the type of companies the author laments. 20-30 years ago these newcomers would not have been founding frivolous tech companies because they would probably be in some other line of work instead of in tech founding any company at all.