It is not just Tech, but similar in every other industry. Only those industries with cut throat competition would have better leadership ( Because they are forced to compete ).
The problem with Tech is that they are the primary beneficial of hyper growth with zero interest rate era and Smartphone revolution. In the space of 10+ years tech have grown from an unthinkable Trillion dollar market cap to now we have a single company with close to 3 trillion, two other company with close to 2 trillion and other rushing to trillion dollar club. And this is unlike previous bubble they have actual profits and balance sheet for their market valuation.
People working in tech, especially within BigTech are not only partly dictating the world and media's attention, they are also so out of touch they became aristocracy in the old era.
The problem with Tech is that they are the primary beneficial of hyper growth with zero interest rate era and Smartphone revolution. In the space of 10+ years tech have grown from an unthinkable Trillion dollar market cap to now we have a single company with close to 3 trillion, two other company with close to 2 trillion and other rushing to trillion dollar club. And this is unlike previous bubble they have actual profits and balance sheet for their market valuation.
People working in tech, especially within BigTech are not only partly dictating the world and media's attention, they are also so out of touch they became aristocracy in the old era.