I would agree except we still live in a world where making a few dollars more a day is a perfectly valid way to make money in alot of places. A bunch of guys in some electronic sweatshop in Vietnam or Indonesia working on pis is a reality.
Maybe your frame of reference is wrong. It makes perfect sense when you have a society with overproduction of people with STEM skills, overcapacity in manufacturing, and has ~18-20% youth unemployment.