The personal computing revolution succeeded and we are all miserable. The dream of personal computing as augmentation for the intellect, and the joyful, radical counterculture that arose around the first PC’s has given way to our increasingly dismal present.
In any civilization, an age can be measured by whether or not the best and brightest are applying their talent and wealth to make that civilization work better, to inculcate patriotism, to build and improve institutions, and improve the lives of their fellow citizens.
In the end, every single person like Nick who votes to deploy their capital into something which doesn’t produce anything beyond capital, is a vote to sit on the sidelines while every single other person works to keep the lights on, or ideally reverse the cycle.
We are on a trend “inward”, where capital, our proxy for GDP, is better served deployed into things that generate more capital, instead of things that generate production.