Then they're incompetent. There is absolutely no reason to think people here, already in the industry or working their way up out of school, can't do the job just as well.
From what I see every day about the people from Silicon Valley, if these are supposed to be smart people I can only wonder what their definition of stupid is. The utter crap of software and services they pump out is staggering. Even more so when one considers the amount of money people pour down the black hole of ineptitude while claiming they're producing something worthwhile.