You and I have different ideas of innovation. You are likely thinking in a capitalistic sense of a view (disclaimer before I get thrashed on: I am not thinking capitalistically) perhaps you can name me a few particular up and coming companies YOU think are doing imperative, highly-important and highly-beneficial things for us humans? Companies that, 10 years from now, will be so imperative to our survival and well-being that they will fit directly into the Maslow Heirarchy of Needs?
https://upload.wikimedia.org/wikipedia/commons/thumb/6/60/Ma...
I scroll through Tech Crunch regularly. My honest observation: 95% of tech-startups are, as I said earlier, F-U-G-A-Z-I-S. Companies that fuel narcissism. Companies that are spin-offs of companies that fuel narcissism. Companies that perform services for other FUGAZI companies. Ad companies. Companies that provide streaming, so millions of Americans can watch Kim Kardashian on their Mac. I don't want to be a philosophical hippy, I am not one of those, but nobody here can deny that all of this is a pathetic coping mechanism.
Why are we coping? We are coping because we are a too primitive and unevolved monkey species to take anything to the next parallel. Even something such as space exploration is science-fiction, meeting a different species of life? Science fiction. Some sort of child pipe-dream we've learned from Hollywood (another FUGAZI)
How about something to help us find a slight meaning to existence. Isn't this the root-goal, at it's core? I look out with clear focus on the surroundings, but I do not understand. Then I go back to FUGAZI-land. It's imperative I figure out myself, but society is an obstacle (despite it's perks)
To sum it up: 95% of Silicon Valley is a primitive coping mechanism.