This is something I think is a fault of my generation (née 1985), when we started to create this fairytail narrative of participation trophies, and tech-places covered in brightly colored toys and snacks, where every developer constructed their cube from Mountain Dew and Surge cans. This is not reality, and for a while we were able to fool our minders into believing that this is just "the silicon valley way" but increasingly, those few that just 'buckle down' and work hard in a normal setting are outperforming the ones that took ridiculous valuations and then squandered them on perishables and amenities.
I think what we're witnessing here is the maturation of our industry; it's not so much the wild west anymore, and nobody is generating breakthroughs in tech every week like we were in the 90's, everyone should act accordingly. These are jobs, we do our jobs then we go home, if we like our homes and things and activities, we need to go back to our jobs. There is a balance that must not be disturbed.