Silicon Valley is having an identity crisis while the world watches

The first thing I noticed when I walked through the doors was the man in the velvety maroon suit and a loud green boutonnière getting interviewed by a man holding a TV camera, reality-show style. Other men with other cameras were taking footage of the space - big windows, white walls, big red garage doors to the outside, hardwood floors.

But this ain't Hollywood. This is Silicon Valley.

The cameras were there to film a new reality show coming to the SyFy Channel, given the working name "The Bazillion Dollar Club." This show will follow Dave McClure, the famed investor behind high-profile startup accelerator 500 Startups, as well as Brady Forrest, the head of hardware startup accelerator Highway1 - the man in the maroon suit.

I was there for Highway1's demo day, where the 11 startups in the latest class would get about ten minutes to show off what they were working on - everything from a wearable sensor to assist couples with conception to a better coffee machine.

In the span of an hour and a half, Silicon Valley, the place where the bad ideas are indistinguishable from the good ones until the checks clear, was laid bare.

Changing the world

Highway1 is an accelerator program for startups that build actual, tangible things. These startups get guidance, support, and $50,000 in seed funding from PCH International, the electronics manufacturer that throws the program. Plus, PCH International is a big company, with 2,800 employees and customers like Apple, can offer startups access to prototyping labs and other stuff that early founders couldn't get access to.

Highway1 has previously invested in buzzy hardware companies like smart connected scale Drop, medical test kit CUE, and the Ringly wearable rings. The program's name is a pun, too: The acronym PCH is also used as shorthand here in California for the Pacific Coast Highway, which consists of a stretch of - wait for it - Highway 1.

As the cameras rolled on these 11 demoes, it was hard to shake the feeling that this was all a lot of theater.

Ideas that make you go hmm...

Some of the ideas just seemed uncompelling at best, and novelties for the 1 percent at worst.

Chronos, for instance, is a device that clips onto the back of your existing watch, turning your classic timepiece into a smartwatch that can give you Apple Watch-style nudge notifications. After all, a luxury watch is a status symbol.

"You can't drive your Tesla into the boardroom," joked Chronos founder Mark Nichol on stage.

Another, Sereneti Kitchen, is trying to be the "Keurig of food." Add a tray of pre-measured ingredients to a robotic stirring machine (seriously), and it automatically makes you dinner. Sereneti won't be ready for mass consumption until later this year, but Highway1 and 500 Startups, among other startup accelerators, are getting an early version for their kitchens.

I tried some of a lamb stew that was made by the machine. It was okay.

One startup had probably the single creepiest pitch I've heard in quite some time: Lensbricks, a system of cheap cameras in colorful, flexible housing that makes them look like neon burrowing worms. You're supposed to put them all over your house, where they automatically come to life and start recording when they detect something interesting happening.

Lensbricks says it's to capture the "big little moments" of everyday life without the need to reach for a phone or tablet to take a video. Sure, so long as you're willing to make your home an ubiquitous surveillance state.

Others seemed silly, but fun. Game of Drones thinks drone fighting and drone racing is going to be "the next great American pastime," as Forrest put it in his introduction to their demonstration.

Serious

But some of the demoes were genuinely compelling. FarmHub, for instance, is a system of sensors that farmers can use to track the weather and make smart predictions on their land, helping maximize yield.

Shade is a wearable device to help Lupus patients measure their exposure to ultraviolet light, which is critical to maintain their health. Transformair is a better air purifier that can make life easier for those (like me) who suffer extreme allergies.

Ayda is a wearable sensor worn while a woman is asleep to help figure out her fertility cycles - and while their team is predominantly men, as admitted on stage by CEO James Foody, they at least took the step of getting women to serve on its advisory board and get that critical perspective.

Obviously, there are some really good ideas here.

But after a while, a fatigue sets in.

What's a good idea? What isn't? Who's sincere? Who's after a payday? Who's really trying to change the world? Does it matter?

Silicon Valley is full of sincere geniuses. But it's also full of charlatans, opportunists, and the chronically out-of-touch.

As Y Combinator President Sam Altman put it earlier this week: "Intelligence is usually easy to tell in a 10-minute conversation. Determination is harder."

And while Silicon Valley tries to figure out what the world should look like, the cameras keep rolling. The world is watching.