Last century, since the end of the Cold War, economic criteria have come to rule our day-to-day lives, and humanity, ruled by these criteria, has reached great heights. Now we have ended wars and poverty, and we have restored our planet’s ecology. The Earth has truly become a paradise. This has led us to put ever more trust in the efficiency of the economic principle. It has become paramount, permeating our very DNA. In every aspect and element, human society has become an economic society. Nothing that yields less than what is invested in it will ever even be considered. Developing the Moon makes no economic sense, and large-scale manned exploration of space would be considered an economic crime. And as for interstellar flight, that would be seen as outright psychotic. Now humanity knows only investment, production and reaping the fruits!
The macro-history of Silicon Valley is that it used to be run by the military, then by hackers (nerds), then briefly by MBAs (or nerds who had read books by MBAs). And now it’s run not quite by financiers, but by these weird hybrid Finance Techies who both write code and read Matt Levine on weekends, then go into their day jobs as angel investors and crypto founders.