Silicon Valley Entrepreneurs– Selfish or Just Stupid?

Are the Silicon Valley entrepreneurs selfish, stupid or just too young and uneducated about history, culture and politics to care about the real world? So asks The New Yorker in a very important article. In, “CHANGE THE WORLD: Silicon Valley transfers its slogans—and its money—to the realm of politics”  George Packer, writes in The New Yorker, (May 27, 2013

The industry’s splendid isolation inspires cognitive dissonance, for it’s an article of faith in Silicon Valley that the technology industry represents something more utopian, and democratic, than mere special-interest groups. The information revolution (the phrase itself conveys a sense of business exceptionalism) emerged from the Bay Area counterculture of the sixties and seventies, influenced by the hobbyists who formed the Homebrew Computer Club and by idealistic engineers like Douglas Engelbart, who helped develop the concept of hypertext and argued that digital networks could boost our “collective I.Q.” From the days of Apple’s inception, the personal computer was seen as a tool for personal liberation; with the arrival of social media on the Internet, digital technology announced itself as a force for global betterment. The phrase “change the world” is tossed around Silicon Valley conversations and business plans as freely as talk of “early-stage investing” and “beta tests.”

When financiers say that they’re doing God’s work by providing cheap credit, and oilmen claim to be patriots who are making the country energy-independent, no one takes them too seriously—it’s a given that their motivation is profit. But when technology entrepreneurs describe their lofty goals there’s no smirk or wink. “Many see their social responsibility fulfilled by their businesses, not by social or political action,” one young entrepreneur said of his colleagues. “It’s remarkably convenient that they can achieve their goals just by doing their start-up.” He added, “They actually think that Facebook is going to be the panacea for many of the world’s problems. It isn’t cynicism—it’s arrogance and ignorance.”

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