I have used my share of shiny new things, I have created many shiny new things. But you can not build a society based on shiny new things. At a certain point the churn rate gets too high.

A friend of mine is working for an internet security company that seems to have the enlightened attitude towards software, everything is test driven and the majority is C++ and Java. This code will be around in 20 years, and will bring in millions of dollars of revenue with minimal maintenance.