alt Hacker News> It very frequently feels like management is making strategic decisions after snorting a long line of social-media-psychosis and TED talks. It is remarkable that investors have any faith in such founders/entrepreneurs at all.
My guess is the causality is usually* the managers are pursuing things because their investors (/government ministries) hinted it was the future after snorting a line of "TED talks" and "social-media".
Irony is, I really do mean "hinted", it can be a sycophantic/fawning relationship where those with the power don't even realise what's going on. One place I interviewed at ages ago now, before the current AI boom, the CTO and I were talking about what they were doing with AI: a bunch of if-else statements forming a manually-built decision tree. But they had to say "AI" to keep interest high.
* this clearly wasn't the case with Zuckerberg's pivot to anything given his ownership structure and piles of cash, so The Metaverse is entirely his fault; Musk, despite the ownership structure, clearly ran out of investor's money or he wouldn't have taken SpaceX public, so his pivots may still have been as I posit.
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Decision trees are one of the oldest forms of AI! There are even algorithms to automatically form decision trees, though you don't need ML to have AI.
It's all different forms of monkeystatus games. Humans, like other primates, have an area of the brain which monitors how dominant they are within the pack. Capitalism is all about this brain area. Despite beliefs, it has nothing to do with merit.
One piece of managment advice I've gotten is to be very careful about what ideas you're throwing out there, because people can very easily get the wrong idea about the priority, and this can get worse as multiple layers get involved.