From a company perspective, it's a common sentiment. Google and Amazon have mantras around trying to stay agile and relevant despite being behemoths, and both have arguably kept into boomer tech territory the second they made a poor CEO hire. Microsoft had their Ballmer era, and while Nadella did a lot of good at Microsoft they've had a lot of failures in established divisions to be soaked up by AI and sales.

I think that all of big tech has struggled over the last 3 years. Sacrificing employee skill for shareholder value has ultimately moved them all into IBM territory, whereas the cool tech is happening at startups again. If AI is a bust, and another company comes along and eats their lunch in their established markets like consumer devices, web tooling, or cloud computing, they're in real danger of another huge set of layoffs and resetting their businesses to only core profit-making ventures. What I think we've seen companies shift towards death, Day 2, rotting from the inside, or whatever your business calls stagnation.