What I think is a problem is the way that it is memetically emerging into a life narrative. To take an example that is probably not controversial - many people are going to college who really should not be. It isn't advancing their interests and often isn't even intangibly edifying for them. Why are they going to college? Because there's a cultural messaging telling them to go to college. Their ability to self-determine is being undermined by a larger sense of what they are supposed to do.
So if there's a narrative that you should eat ramen, work 100 hour weeks, so on, to try to catch the Zuckerberg lottery - well, who wins in that game? A few of the people playing, and also the VCs.