People are so uncomfortable thinking about the true extent of the systemic risk that they will happily slurp up distractions, excuses, scams and performative fig-leaf solutions rather than face down the cost of a real system-wide solution. Meanwhile, those occasional black swan disasters are becoming more and more commonplace as we acclimate to that being “just the way things are”.
An unseasonably warm summer here, a database breach there, c’est la vie.