SV and the "industry" have been doing this for years. They brought us YouTube, smartphones, a bunch of business cases most of us don't even know about, and then it existed and they needed to find more reasons to exist to justify their valuations, almost all of which is VC money pouring in. The whole tech industry is a bubble.

So they do this. A new hype cycle every couple of years. Some new thing that's supposedly going to change the world. But the truth is they haven't really revolutionized jack shit since Facebook and YouTube and the iPod touch came out. A decade or so they iterated improvement, which is valuable, but they've been trying to convince us that VR and AI and whatever else is going to change how we live and it's all a giant scam now.