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We should be specific when we say "tech", whether we mean the fascist overlords, or some kid who works at an Apple Store. The folks who organized unions at Amazon and Google are people, too, and are more _tech_ than any of the tycoons.

it does seem that the people referred to as tech are what I would mostly refer to as private equity types

no other industry calls the financiers by the name of the craft! If someone "works in food", we think they're a chef or a cook, not the person who cut a check for funding a restaurant! A person who works "in medicine" is the doctor or nurse, not a developer who built the hospital!