It's not something that's unique to tech, but I read it as a joke about enshittification due to greed.
Lots of start-up companies start out all idealistic and positive, then don't stay true to that mission as the founders age and want more (or sell out to a bigger company).
I honestly think delusion is a core component of startup culture. There's this energy of overly sincere rich kids who think they can make the world a better place by perpetuating a system of exploitation
Oh yeah there's definitely a joy to it. I think doing crazy things when your young and inspired is core experience in life. It's a shame most people are in your position and can't rely on the support of their community to fall back on if the risk fails