The Gentrification of Tech
Once upon a time, tech world was small.  It was mainly geeks who spent the majority of their time in basements playing wow or learning code, hardware, and more solo and in clannish groups. Then, tech started affecting everything we do.. aka “software is eating the world.”  You know why this phrase exists? Because software IS eating the world. There is not 1 single industry that is not being affected by technology - or should be affected aka “disrupted” by technology, whether real estate, or restaurants, or fashion, etc. Â
In the gentrification of neighborhoods, the artists make things cool.  They find cheap places to live, operate and be influenced by each other.  They turn real shithole neighborhoods into something “cool” and kind of amazing.Â
Once it’s “cool”, and “something people want”, corporates and MBA types take over.Â
Business people buy and/or sell cool. Â
About a year ago or so TechCrunch wrote an article called “here come the pretty people” referring not literally to appearance, but to the MBA types that wear ironed pants and sensible heels. The business types and everyday people were invading because there is now $$$’s and opportunity everywhere, EXACTLY like the neighborhood that’s now visibly cool.
PROBLEM with the gentrification of tech: It’s a turn-off to real artists. And just like the gentrification of neighborhoods, the artists move Out and On. They find somewhere cheap and above all - Inspiring.  Being surrounded by MBA’s talking about $$$ is not inspiring.Â
To me, many of the “accelerators” now are simply a sign of the gentrification of tech.  Many are formed by some entrepreneurs who made money themselves then raised money from others to make money from this new thing happening. Some are formed by corporations, looking to “buy” something amazing early at a cheap deal.Â
Some are legit, the originals and now largest ones (YC, Techstars, 500). But even those in my opinion I see growing big and “Systemizing” things.. are not far-off from Franchise models no different than McDonalds, and it’s a dangerous line of turn-off to artists.Â
Anybody can build a website or app now with a nice tidy business model of how to monetize, form the perfect “template” team that investors just love, do some growth-hacking claiming “pirate”, user-testing claiming “hustler”, and then push some vanity metrics claiming “huge opportunity” from the get-go. ANYBODY.Â
But not anybody can actually (true to YC’s motto) “Build something people want”.  (I’m not endorsing YC. I am simply agreeing with their motto in this particular case.)
The game is no longer building something great, the game is now how to get into programs to prove your “worth”, and get into them by giving them what they want to win at their “system” - Exactly like applying to schools. (Those same schools that everyone wants you to get into but then dropout of but that’s a different story..)
Building something people want = innovation. Creation. Amazing product.Â
Not perfectly linear or logical thinking, and NOT perfect plans on paper.Â
Artists build things because they are driven, they are inspired, because you can’t stop them.Â
They don’t build what you want. They build what they want.Â
And everyone is so caught up in a $$$ frenzy now that they are judging superficial factors even in the earliest of stages. You can see it from Accelerators attempting to systemize things to and grow no different than McDonalds or Panera Bread. Any “Unicorns” that come out of franchise operations operating on scale are simply the result of sheer statistical odds, not some magical midas touch.
I honestly feel the gentrification of Tech is upon us all. And personally, I feel turned off and like it’s time to move.Â