Yes: Endless amounts of investments and inflated stock prices enabled by the zero-interest economy caused the cash-awash tech organizations to become more like research institutions, churning out interesting, promising, but esoteric and complicated concepts and software that has scarce applications in the real world and business. They became a cross between actual companies that do business and extensions of grad schools. Like a continuation of the college that you went to. And some companies openly pursued that mix and advertised themselves as such to attract talent even.

Now that the zero-interest economy is over, the entire tech sector is readjusting.