[cmrdporcupine]

My take: The author and people like them are just working on a teleological progression of the hype trains they've followed to chase investment $$.

I always have to remind myself that the motivations of the people involved in the tech industry today differ substantially from those from before the .com boom.

For many, "tech" doesn't actually mean the technology and its engineering applications. It's entirely the business and investment world and spin-land built as a huge shell around it. It doesn't matter if it "fails" from an engineering POV if a significant % of shareholders can grow a portfolio.