So my assessment of the current mania is that it’s basically a management variant of Pascal’s wager.

If you as a “leader” refuse to go along with the crowd and you’re right, then after the dust settles you look like someone who guessed right. Oh and now we’re in a recession so you are probably having a bad time regardless. You maybe get one promotion, congratulations.

If you refuse to go along with the crowd and you’re wrong, you look like a Luddite, you probably got fired at some point along the way and your judgement reputation is hurt.

If you do go along with the crowd and the crowd is wrong, you are just in the same boat as everyone else. You are probably about the same as if you went against the crowd and you were right, possibly even better because it can take awhile to be proven right and you could be hurt in the middle.

So, I think, once something like this picks up enough steam, it’s just logical on a per individual basis for everyone to go along with it, regardless of how they feel about it internally.