If you realise you're bad at something it seems immoral to keep charging people for it.
In short, financially they are still running on hype. Quite a lot of operations are being paid out of capital, not revenues. So they have to keep selling a dream to keep raising capital. Next stop: IPO.
People who "make predictions" are like psychics. Unless those predications are uncannily good – in which case we call that person an analyst – we can assume that the person is either wilfully lying, or that they're stupid.
Ed's predictions have so far failed to come true. I don't think he's stupid (but I might be wrong). That leaves me feeling like he's the psychic who knows exactly what they're doing. They're telling a gullible audience a story they want to hear because it's a nice way to earn a living.
Comparing him to the CEOs of companies who produce incredibly useful products used by millions is facile nonsense.
Sure sounds a bit like Altman though ultimately, the audience being VCs
What else is Zitron doing that he could be evaluated on, besides making predictions that turn out to be wrong?
Zitron twists and misreports a lot of facts where they should know better.
CEO hypemen knowingly conflate Ambitions for certainty