@dalias It doesn't help that the industry has actively fostered this false belief. People would probably believe it either way, but the outright lies about the last 5 years of development (driven almost exclusively by scale) aren't doing favors for anybody except people who invested years ago who will profit from overvaluation, or orgs looking for easy-mark investors trying to get in on it post-hoc
The exaggerations seem to be directly propotional to the amount of money sloshing around.