Nobody has ever been punished for choosing IBM. It’s the same story here. Nobody is going to blame them for following the zeitgeist, but you bet they’d be punished if they didn’t and it doesn’t pan out.
The whole thing is like bitcoin. There’s too many people that benefit from maintaining the collective illusion.
Just as they were convinced after Covid that they needed to put hiring into overdrive.
Tech management has the collective IQ of a flock of sheep.