[hnaccountme]

I agree with whats in the post. Just to add my 2 cents. Regardless of the industry a bureaucracy will grow around it. I think its because there are only a very few people who can actually create value. When the rest of the population sees the value generated they want to extract from it. In reality it is theft. But most of it is routed through some extravagant process to seemingly give it some validity.