This happens in any industry where value/status are at a premium. Finance, Law, VC guys were good too in the beginning but when the value/status change happens it attracts certain kind of guys who are average in talent but excel in demonstrating value and social management of the value/status. Another change which has happened recently is that the economics of engagement farming have become common place wisdom as alr…
Law was good people when? During the era of the 3/5ths compromise? Dredd Scott? Plessy? Lochner v NY? Buck v Bell? Korematsu? Finance was good people when? When Swiss banks captured all the war spoils of WW2? When they ran Penny Auctions during the Great Depression? When they financed slave ships? When the Medici financed endless war across Europe? I’m not saying people are all awful, but I don’t think there’s any “b…
All of those are only things because there were lawyers willing and eager to sue the government over the evils at issue, so your point is much weaker than you think.