And another thing, there are some tech companies that operate very short-term, like typical social media start-ups of which about 95% go bust within two years.

This is a very generous sentence you have made, haha. My observation is that vast majority of tech companies seem to operate unprofitably (the programming division is pure cost, no measurable financial befit) and with churning bug riddled code that never really works correctly.

Netflix was briefly hugely newsworthy in the technology circles because they... Regularly did disaster recovery tests.

Edit: Netflix made news headlines because someone decided that Kevin in IT having a bad day shouldn't stop every customer from streaming. This made the news.

Our technology "leadership" are, on average, so incredibly bad at computer stuff.