Hell, it could be worse
From the above-linked post:
“First, Silicon Valley, including San Francisco, becomes a much less interesting place for world-changing ideas. The well-documented lack of diversity in the Valley would be comical if it wasn’t so harmful. It feels like, and often is, a bunch of Stanford guys making tools to fix their own problems.”
Indeed. However, just imagine how bad it would be if kids from UChicago were at the helm instead.