The incentives often don't line up. And there can sometimes be a sticky status quo that resists change. You may also get politically subverted or just plain lie

The incentives often don't line up. And there can sometimes be a sticky status quo that resists change. You may also get politically subverted or just plain lied to. It's hard to predict these during a job interview. The incentive problem started when it became better to change jobs for higher compensation. Working less intensely for the same pay while you secretly manage life problems or just play around is also appealing. Your earnings are also typically soft capped as an individual hard worker. And then there's no real security to back you up even if you decide to get invested - you can still be let go for no fault of your own. The economy can't keep asking people to stay in these kinds of jobs while also eroding their standard of living at their mostly-static income levels. It's too easy to feel like a sucker being a hard worker and this is a recent cultural shift (within the last two decades IMO).