What you have is a handful of companies (Facebook, Google) paying absofuckinglutely outrageous salaries and benefits.
If you think facebook and google pays outrageous salaries then either you are 20 years old, you have never interviewed there. They pay about 60% of the going market rate. The vast majority of people prefer to be paid in money, not nap pods and gourmet dinners during "optional" (expected) overtime.
Classic example: Kodak.
Since kodak was the inventor of the digital camera... this is actually a classic COUNTER-example.
Kodak actually failed when it wasted BILLIONS in the 1980s trying to expand its product line... 5.1 billion dollars for a drug company that they then ran into the ground, then tons of money in R&D trying to build a better Alkaline battery (because the battery was going to be the new "film" - disposable repeat purchase - once digital took off).
Kodak invented itself into oblivion, not the other way around.
It might be a pseudo-english term invented by german speakers.
That is actually a pretty concise definition of "English."
Ya'll hear about the geometer who went to the beach to catch some rays and became a tangent ?