I think another way to explain "being bored" (and a bunch of other features that this post describes). These people are getting old: Andreessen is 53, Graham is 59, the author is in his fifties; I am too. Nothing too surprising about having older people be the supposed "blowhard" voices of an industry -- except during the golden age that these posts harken back too, all of these pundits were twenty or so years younge…
While it seems clear that general vibe is trending to the negative, it's interesting to me that everyone has their own slant on it. My personal issue with Graham is that his writings are all trite common sense-isms dressed up as complicated analogies or profound insight. Like the way people claim Steve Jobs had a "reality distortion field", as if the term "charisma" wasn't coined for good reason a billion years ago..…
Charisma is active - as in, the charismatic leader talks you into believing their bullshit. Reality distortion field is passive - as in, you hang out too much around the leader, or people hanging out around the leader, and you end up believing their bullshit.