The title of the article should really get rid of "tech". This is an inherent feature(or bug depending on perspective) of a capitalistic system wherein companies are designed for profit and will target markets where there is more potential profit.

This is true of many other industries, not just tech, although tech has been capturing much of the interest and ire of not being different. Any time a company accepts outside money, they have a fiduciary duty to build their business in a manner that will lead to the highest return - "maximizing shareholder value."

Now, this is not inherently bad to maximize value as we have seen the largest growth the world has ever seen (not just at the top end, but for the poor as well) because of the innovation and creativity that has occurred due to chasing profits.

Maybe I'm cynical, but I really don't think tech companies truly are in a "quest to change the world" unless you believe every word spoken at demo day. Should be retitled: "Companies are using creativity to chase profits" because that is what they are doing and is what they should be doing in the current economic system.

I completely agree that incentives and structures should be changed to dramatically reduce the income and wealth disparities. The struggle is the will to voluntarily forego profits.