Yeah, and Vannevar Bush's grandaughter comes through with the IP goods to collect such a steep cut she bankrupts half the industry
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I see this firsthand in the audio industry, my friend is starting a business in that field. Most owners / "inventors" / successes he talks to can't keep up with him - and he's just talking basic circuit board stuff, too.
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I don't know about wider reality, but the infodrugs of TV and everything that came after seem to have played some part in that.
That, and public schooling being a shitfest designed to make kids hate everything about learning & independence of thought.