You don't have to see into alternate universes. You just have to be old enough to have already lived in one. The one before Microsoft.
I suspect that alot of the Bill Gates/Microsoft love/hate splits along age lines. If you're under 40, you're not old enough to have experienced the glorious pre-Microsoft days. We worked on all kinds of cool stuff, IBM mainframes (the good and the bad), the mini-computers (VAX, PDP, etc.), the Bell Labs stuff (Unix!), and all kinds of other wonderful proprietary systems: OS2, CPM, & Pick.
Then all of a sudden, our customers started abandoning all this great technology for Microsoft. Why? Because it was better? No, because it was shoved down their throats. Because when it couldn't win by technical merits, it won other ways, with back room deals, legal technicalities, and old fashioned bullying.
Young hackers today take great pride removing Windows from their laptops and replacing it with Linux. What they may not realize is that this technology is not new; it was around 40 years ago. They just didn't have to suffer through the 20 year Microsoft technology drought like some of us did.
I understand that industries consolidate and that many great products and technologies die. But they should die in the marketplace, not in the courtroom or the lobbyists' offices.
If Kobe Bryant beats your team with great talent, hard work, and superior play, you'd congratulate him. But you'd be awfully pissed if he never dribbled but never got whistled because his lawyers already made arrangements in Commission Stern's offices before the game. This was standard operating procedure for Microsoft for years.
We'd still be suffering if it wasn't for the internet. I suppose if I was under 30, I'd just think it was always open and hopeful like it is now. But for a long time it wasn't. And to answer OP's original question, a lot of people in Silicon Valley were in that alternate universe you missed and they don't forget.