[rhodri]

one point is that most of SV's technology is in the hands of an elite of techno-libertarians and super-rich VCs with various chips on various shoulders.

they have no interest in spreading technology's monetary or possible systemic benefits to the entire population, and indeed a direct interest in accumulating and then exercising political power.

it's a real problem that cannot be explained away through a lack of education, as many over-educated, under-employed and disempowered young (and old!) people directly experience day to day. open-source software and education are steamrollered by the directed power of hierarchy.

[pmoriarty]

"they have no interest in spreading technology's monetary or possible systemic benefits to the entire population"

But they're making world-changing phone apps!