[roymurdock]

The VCs are just following the money. We're at the tail end of the economic boom brought on by computers. Until we have another paradigm-shifting scientific discovery, computers will be used to more efficiently match up existing assets (AirBnB) while serving ads and content that decays our social bonds/infrastructure (Facebook).

If there was less money in the system a lot of these quasi-innovative companies would die, or not even get off the ground. But there is tons and it is leading to the misallocation of a great amount of time, energy, and intelligence - at the cost of future generation's standard of living.