<p>“I doubt that the attraction of becoming an IB who makes tons of money has subsided much in the upcoming generations. And if it is it will mostly be by replacing Goldman with Google, Pacific with Facebook, and the smaller PE outfits with your next venture-backed startup”. </p>
<p>That has already happened and that is my point. You are correct that green at any cost will still drive some, but at the extremes will deter many as GS and JPM, among many others, have done to the best and brightest who are presently shunning Wall Street. </p>
<p>But how different is SV than Wall Street now. Apple has record sales, but threw up a sham 5 person office in Reno NV to evade paying ANY CA state corporate income taxes while UCLA, Berkeley, Caltech and every other state university, college, junior college, HS and elementary school suffers from funding shortfalls. Google stole personal data from homes and businesses while driving around for Google maps. The best and the brightest may no longer see this as the end zone they are driving for.</p>
<p>As far as tech products, unless Siri can talk distressed people out of killing others, promote improved relationships between couples and world peace, the incremental value of iphonex vs iphone(x+1) becomes negligible to the average user, if it hasn’t already.</p>
<p>Western culture and consumer preferences are dynamic to be sure. Here is my shameless plug for a broad college education, rather than educate to chase the current bubble, be it finance or tech–they always pop…</p>