What does he mean by "bad"? What would a "good" tech economy look like? Hard to define. Easy to misinterpret and argue over our different understandings of what he meant.
"bad" means investors want to make money on their investments, and tech workers want to advance their careers, I guess.
> What would a "good" tech economy look like?
Producing goods and services that real people buy and benefit from.
I would define a "bad" company as one that puts profits over people. People includes customers (incl b2b) and employees. A "good" company is one that realizes treating people with respect is a long-term profit driver.
The way you've phrased that, the good companies still put profit first, it's just that they have a different strategy - treating people well to build loyalty etc.