The meta-economy losing touch with reality is a symptom of late stage capitalism. It used to matter whether a technology could solve a problem, then it started to also matter whether this fact could be explained to savvy investors, and now it only matters whether it can be explained to stupid investors because they are the ones with the money. You used to have to sell a product people wanted to get their money, but now customers don't have any money because it's all with billionaires so those are the only people you have to please.