U2 Manager Says “Hippy Values” Of Silicon Valley Killing The Music Business

Paul McGuinness said he believed the Silicon Valley culture and its ecosystem had to undergo a cultural shift, noting the original “hippy values” of the west coast technology pioneers in the late 1970s and their internet equivalents in the late 1990s. “Embedded deep down in the brilliance of those entrepreneurial, hippy values seems to be a disregard for the true value of music,” he said.