Pretty provincial attitude probably propagated by some overpaid MAANG bro who doesn't realize that there's an entire industry of tech folks out there who aren't making $300K/yr TC. So if you are making that . . . a little humility is in order.
I indeed was a former “MAANG bro”, but this is sentiment gleaned from both a cohort of former coworkers who had stints there, along with general Flexporter attitude on Blind (which, for its imperfections and distortions, gives pretty good signal on company morale and culture).
I'm saying for what you call a "retirement colony," there are dozens of businesses in which the vast majority of the tech industry actually work. Blind is where spoiled rich people complain about being rich in the wrong way.