>>514189378 (OP)
>>514189851
Tech companies have only ever been merit-based back when the first tech was being developed. Since the first .com bubble until very recently it has not been merit-based. But in recent years there has been real innovation happening in the AI research, and you can look at the racial profile of AI researchers at OpenAI, Deepmind and Anthropic (only majority non-white AI research team is the one at xAI, which makes 0 actual innovations. xAI just uses Musk's impossible wealth to build fuckload of datacenters and make the most inefficient models through just braindead scaling).
But outside of top tier AI research and setting up internet infrastructure the tech sector is nothing but hype with 0 profit margins, all just hopes of making monopoly one day and scamming halfwit investors along the way, which is why every 6-3 years there is a tech bubble.