I don't really think it's that many.
The industry collectively sank untold billions into the blind belief that neural algorithms will somehow turn into "AI."
10 years later, no "AI," and not even a single money making niche use.
Right now the industry is deep in sank cost falacy, and people who promised this, and that to investors are now desperate, and doubling their bets in hopes that "at least something will come out of it...," a casino mode basically.