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Comment by johnnyanmac

7 months ago

> It is difficult to get a man to understand something, when his salary depends on his not understanding it.”

It's all a big hype bubble and not only is no one in the industry willing to pop it, they actively defend against popping a bubble that is clearly rupturing on its own. It's endemic of how modern businesses no longer care about a proper 10 year portfolio and more about how to make the next quarter look good.

There's just no skin in the game, and everyone's ransacking before the inevitable fire instead of figuring out how to prevent the fire to begin with.