FWIW, the parts of those "elite industries" that STEM majors are hired into are more upper-middle class than you might believe, in terms of their capacity for the accrual of significant wealth/status. I'm not saying they're not well-paid or that they can't buy a house, but it's a cut below anything that might be called "ruling class".
If you study the backgrounds of capital allocators, a disproportionate percentage of the top ones had a combination of privileged backgrounds and technical educations, but the vast majority have privileged backgrounds and no technical educations.
Yes, and the issue is the "capital allocators" of today graduated in 1980-2000.
The "capital allocators" of 2030-2050 will have attended a more diverse set of schools for their undergrad, but will have still attended the same handful of High Schools. I'm saying this from experience as someone who went thru the college application process only 10-13 years ago and with a sibling who went through it 3-5 years ago.
Then again, most people in top industries in their 20s and early 30s aren't on HN. The CTO of Loom was right about HN tbh.
If you study the backgrounds of capital allocators, a disproportionate percentage of the top ones had a combination of privileged backgrounds and technical educations, but the vast majority have privileged backgrounds and no technical educations.