[grosjona]

What happened with the tech industry is that venture capitalists generated so much hype around tech startups that it attracted a huge amount of people who were only passionate about money. Thanks to their fake smiles, polished looks, well tuned voices and flashy, well-rehearsed pitches, these people were more successful in the industry (on average) than people who were actually passionate about the actual technology.

Passionate people were essentially forced to work for the snake oil salesmen whose only passions in life are money and self-aggrandizement.

[ljw1001]

I think this process also works in successful companies, to their detriment. Google, for example, is wildly successful and people who work their make a lot of money, so it attracts people whose main motivation is to make a lot of money (personally).

[Applejinx]

So you mean the tech industry ended up just joining ordinary unregulated free market capitalism?

Sounds sub-optimal, a pain point, like something ripe for disruption.