"western ideals" are always in flux. So if whatever you're noticing is becoming the norm in western countries, it's not useful to call it anti-western.
SV hasn't been about building things since the 2000s. Since then, what we've gotten is: adtech, uber-for-x, platform monopolies, cryptocurrency scams, and now chatGPT for x. And to be sure, there were also a small amount of people working on important innovations, just like today. The culture of work has changed (as always), but the amount of wasted effort and pointlessness in SV hasn't changed for a while. But I'll concede that high interest rates have probably changed the form that it takes.