Pool/ABACA/NewscomIn a recent interview with journalists from Bloomberg News andBloomberg Businessweek., President Obama was asked what industries he would think about going into after leavin the White House. Obama talked Silicon Valley. “Just to bring things full circle about innovation—the conversations I have with Silicon Valley and with venture capital pull together my interests in science and organization in a way I find really satisfying,” the president said, after laughing about the idea of him going to work on Wall Street. 

But it’s false morally to suggest that what Silicon Valley does is somehow more virtuous than what Wall Street does, writes Ira Stoll. Is some programmer or product manager working on some violent video game or on a messaging app that lets teenagers spread nasty gossip or indecent photographs doing more good in the world than a portfolio manager who is making a secure retirement possible for his clients?

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