A prominent tech investor says arrogance in Silicon Valley has reached a fever pitch and he’s constantly embarrassed by what people say

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Russ Hanneman on HBO’s “Silicon Valley” is known for being a billionaire with a flashy car.
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  • M.G. Siegler, a prominent tech investor with GV, formerly Google Ventures, wrote an interesting blog post this week about a disturbing trend he’s noticed in Silicon Valley recently.
  • He said people in the tech industry were “losing touch with reality.”
  • Siegler says “it may already be systemic at this point.”

M.G. Siegler, a prominent tech investor with GV, formerly Google Ventures, wrote a blog post this week called “Arrogance Peaks in Silicon Valley,” in which he described a disturbing trend he had noticed among people in the tech industry – namely, that they’re “losing touch with reality.”

“You can see it in the tweets. You can hear it at tech conferences. Hell, you can hear it at most cafes in San Francisco on any given day,” Siegler said. “People – really smart people – saying some of the most vacuous things.”

He continued: “These are stances, thoughts, and ideas that these people should be embarrassed by. But they’re clearly not because they keep saying them.”

While Siegler didn’t give examples or name names, he said he believes the root of the problem “is an increasing sense of entitlement as the tech industry has grown in stature to become the most important from a fiscal perspective and arguably from a cultural perspective as well.”

Siegler mentioned the recent Facebook data scandal involving Cambridge Analytica, saying he was disturbed not just by the event, but by the responses to it.

He also worries that regulating these tech companies or ridiculing them for what they do or say will make matters worse. He said people would “dig in their heels and double down on the insanity,” adding that “it may already be systemic at this point.”

“We need Silicon Valley – the people behind these companies – to wake up,” he said. “We need everyone to act like human beings, not like rogue AI programs vomiting up delusions of grandeur.”

Read Siegler’s full blog post »