Every million invested raises the narrative's value, not the truth's.
Hype is essential for the tech industry: Simple narratives promise upheavals of biblical proportions and present ready-made technological solutions. From the Internet of Things and crypto to the metaverse, AI, and quantum computing, these hypes create billionaires and empty the accounts of others. With every million dollars invested in these promises, more people become invested in them. A first step is to acknowledge these waves of exaggerated trends and consider that the truth may be different. Is the promise technically feasible? There are experts who can answer that, but they are not usually the loudest voices.
This book gathers insights from those who truly understand the rise and resistance of technology hypes. It presents their economic consequences and helps readers become more resilient to the next hype.
