Part 7/10:
Eli dismisses the romantic notions of innovative, rebellious tech pioneers. Instead, he describes most companies as "milktoast lemons"—driven by the need to follow market trends and appease investor interests rather than genuine vision. This herd mentality fuels the AI hype and leads to widespread layoffs, despite impressive earnings reports.
He emphasizes that many of these companies are essentially mirror images of each other, hiring and firing in unison, chasing the AI bandwagon, and maintaining a facade of innovation for PR purposes. The truth, according to Eli, is that these organizations are often operating on borrowed time or just trying to maintain appearances.