I'll be downvote for this but couldn't you say the same thing about this epidemic of unprofitable, over-valued "unicorns" propped up by VC money? "The answer,

I'll be downvote for this but couldn't you say the same thing about this epidemic of unprofitable, over-valued "unicorns" propped up by VC money? "The answer, I realized, is that they didn't think they could get caught. They didn't realize there was any danger in making false predictions. These people constantly make false predictions, and get away with it, because the things they make predictions about either have mushy enough outcomes that they can bluster their way out of trouble, or happen so far in the future that few remember what they said."