There's a system that more or less works, and generates a much greater innovation to hype ratio. And, that's the system of normal small businesses. The alternative shouldn't need to be mentioned, because everywhere other than SV, it's omnipresent.

I agree with you, but it is clear here that he is using Medium as his outlet to vent, and I think that is fine. Whether or not his tantrum is valid or even rational is not so much the point, in my opinion. He recognizes that he himself is a participant in the cult-like behavior that plagues the tech scene, and recognizing there is problem in the first place is a good start.