You keep talking about herd mentality - "our" society, "this huge pack of people" etc. Who are these people? I don't particularly feel like you and I are associated in any way. "We" aren't doing anything to anybody. If you feel like you are contributing to an unethical enterprise, and you don't feel good about that, then stop doing it.
Likewise, if you feel like you aren't producing value and doing the hard work and learning anymore, then this is a problem that you must fix. I'm over here producing value and doing hard work and learning. I can't speak as to whether what you're doing is worth anything - that's your problem.
The question, more generally, is how do we change society's definition of value. How do we convince the world to spend more on teachers than it spends on athletes? Did you know in ancient Greece, philosophers were exempt from taxation because they were so valued by society? In the past, thought was valued above all.
We need to go back there and revive thinking as a valued contribution to society.
Editted - forgot I wasn't on /irc/ =]
Sometimes we're not the ones who come up with them, and sometimes we just suffer while somebody else is busy solving problems, but that's life.
I look at it like this: taken at an individual level, each person is a precious gift: unique, special, etc. Taken as a group level, as a generic, people are really stupid. Over and over again I've seen really smart people do really dumb things. It's amazing. So when a bunch of PhDs or other smart people do idiotic things, it's not surprising that some hoop-shooter or pigskin jockey would be the same way. We're all stupid, just in different ways. : ) Somehow the race keeps on solving problems anyway.