| That has translated into six-figure salaries and over-the-top
  | perks like concierges, car service, and free gourmet meals.
  | Wall Street's masters of the universe have been supplanted
  | by Silicon Valley's big-swinging code jocks.

Really? Maybe I'm just running with the 'wrong' circles to see this, but I don't think that the industry is quite as bad as Wall Street. In Wall Street it's in-grained in the culture, and unofficially encouraged by upper management (especially the lavish lifestyle part, because then you always are dependent on staying with the company and competing for that next $1 million bonus).