> Hype can be bad, but if there is value there the hype cycle does wear down

That is, if something called the "Hype Cycle" even exists. The Hype Cycle is a canonical example of survivorship bias and post hoc rationalization [0]. It is pretty much a compelling narrative not a reflection of technological evolution.

[0] https://www.linkedin.com/pulse/8-lessons-from-20-years-hype-...