Yes, but that's probably not what calciphus meant: the problem is that now apparently anyone doing a startup creating some random web application (using their tools pretty much exactly as intended) or whatever and making (or dreaming of making, anyway) lots of money qualifies as a "hacker". So sad that it's been commercialized like this.
Just look at "Hacker" News. Thats not hacker news, that's YC marketing.