All bubbles have something wasteful about them as they do not represent calculated risk-taking but rather a suspension of healthy skepticism that is driven by i

All bubbles have something wasteful about them as they do not represent calculated risk-taking but rather a suspension of healthy skepticism that is driven by informational echo chambers, ultra-cheap money and other such degenerate macro phenomena. This leads to more widespread failures than what is warranted for a given quantum of risk because they are all copycat failures. It will be interesting to see which of the countless tech-related bubbles of the last decade will grow roots. Vertical farming is not the worst offender, hopefully something has been learned in the process.