There is something wrong with the industry in chasing fads and group think. It has always been this way. Businesses chased Java in the late 90s, early 00s. They chased CORBA, WSDL, ESB, ERP and a host of other acronyms back in the day.
More recently, Data Lake, Big Data, Cloud Compute, AI.
Most of the executives I have met really have no clue. They just go with what is being promoted in the space because it offers a safety net. Look, we are "not behind the curve!". We are innovating along with the rest of the industry.
Interviews do not really test much for ability to think and reason. If you ran an entire ISP, if you figured out, on your own, without any help, how to shard databases, put in multiple layers of redundancy, caching... well, nobody cares now. You had to do it in AWS or Azure or whatever stack they have currently.
Sadly, I do not think it will ever be fixed. It is something intrinsic to human nature.