This looks like a very classical and well-known case of executives copying each other.
That other company is doing layoffs and seems fine? Reports the line going up? Let’s do it, too!
The guys across the street are already implementing AI? Investors love it? Let do it, too! We may have taken a risk with blockchain, but this one is just sure to work better for us!
The big name is going for the money, predator-style, and they’re still afloat? Finally, we can cash out, too!