Easy: an overabundance of buzzwords. No industry makes it easier to just throw out words that impress investors but mean nothing. And nobody involved, including the ones doing the pitch, has to have any idea what it is they are talking about.
> You see, this is where <buzzword> could be used to improve everything.
> Super smart people are doing amazing things with <buzzword>, there are thousands of applications (no I won't name any). You should invest now!
It's easy to blend in when confidence and signaling are the driving forces of valuations, hiring, funding, etc. You can fake it until you make it if you don't break the law too much and you make it to success (Uber's IPO, Tesla's ongoing financial stability and having reached escape velocity). You cannot if you end up not making it, or your break the law too much. Sequoia (supposedly sophisticated investment managers) got snowed for $210M with FTX, Softback lost somewhere between $10B and $20B on WeWork, not a great sign!
I didn't think your comment deserved to be flagged, it is a legitimate ask and observation (WeWork, Theranos, FTX, Lichtenstein and Morgan's bitcoin theft, possibly these "little fry lies", etc), but I am unable to vouch.
> You see, this is where <buzzword> could be used to improve everything.
> Super smart people are doing amazing things with <buzzword>, there are thousands of applications (no I won't name any). You should invest now!