The End of the Silicon Valley Myth

The dramatic, multidimensional implosion of Meta; the nuclear train wreck of Elon Musk’s Twitter; the momentous labor uprising against Amazon—it wasn’t just an unusually disastrous year for America’s biggest tech companies. It was a reckoning.

The tech giants that have shaped our lives, online and off, over the course of the 21st century have at last hit a wall. Amazon, Alphabet, Microsoft, Meta, and Apple all saw their valuations fall, sometimes precipitously. Many slashed their workforces; at least 120,000 tech workers lost their jobs this year. The myth of the genius founder, which insulated...