The Graveyard of Tech-First Fantasies

Yetvart Artinyan
Sep 9
5 min read

Updated: 5 days ago

Every few years, a new technology emerges and with it, a wave of hyped use cases. The formula rarely changes: futurists sketch visions, investors pour money in, corporates set up “innovation labs,” and the press declares that daily life is about to transform.

The underlying assumption is seductive: if a technology is powerful, it must inevitably find mass adoption. But history tells a harsher truth. Most of these “inevitable” futures never materialize. Not because the technology failed, but because the jobs that people were actually trying to get done never aligned with the solutions offered.

This is the graveyard of tech-first fantasies—a graveyard worth visiting, because it reveals something essential about how innovation really happens.

Customers don’t hire technology. They hire progress.

Blockchain: Trust Without the User

Blockchain was supposed to change everything: money, supply chains, healthcare records, even voting. The narrative was that once trust was decentralized, intermediaries would disappear, costs would fall, and society would shift to a new operating model.

What actually happened? A few niches—crypto speculation, NFTs, and some cross-border settlement—thrived for a moment. But the promised mainstream use cases withered.

Supply chain transparency: The idea of scanning your lettuce to prove it traveled “farm-to-fork” on a blockchain ledger was sold as inevitable. In reality, retailers and consumers cared about freshness, not cryptographic audit trails.
Everyday goods on-chain: Sneakers, wine, tickets. Futurists promised “digital twins.” But a simple QR code or barcode already did the job.
Decentralized social media: Built with high ideals, but no one wanted to struggle through clunky UX and low network effects when Twitter or TikTok worked better.

The unmet need wasn’t trust per se. It was speed, usability, and cost efficiency. Blockchain often solved for the wrong job, and the user stayed away.

IoT: The World That Didn’t Need to Be Connected

If you remember the slide decks around 2014, everything was going to be smart. Fridges would reorder milk, toothbrushes would track brushing quality, cities would buzz with sensors feeding dashboards.

The promise of ubiquitous connectivity collided with one stubborn fact: just because you can connect an object doesn’t mean anyone wants it connected.

Smart fridges: Reordering groceries sounds clever, until you realize people want choice, deals, and the occasional spontaneous craving.
Connected toothbrushes: It’s a marginal gain at best, and the pain of syncing Bluetooth every morning is far greater than the benefit.
Smart cities: Pilots everywhere, but cost, privacy concerns, and maintenance killed scale.

Here, too, the misalignment was clear: the technology advanced, but the job performer’s priorities were elsewhere. A cheap, reliable toothbrush was progress. A data-collecting toothbrush was not.

AI Before Generative AI: A Lesson in Overpromise

Long before ChatGPT, AI was hyped as the solution to almost everything. By 2016, chatbots were pitched as the end of customer service. Predictive policing promised safer cities. Emotion recognition claimed to read our feelings from faces.

What happened instead:

Chatbots became a synonym for customer frustration.
Predictive policing collapsed under ethical scrutiny.
Emotion recognition turned out to be far less accurate than advertised.

When AI becomes the default answer, I wonder if anyone remembers the question.

The unmet needs were real—faster support, safer neighborhoods, better human understanding. But the proposed AI solutions were brittle, opaque, and often untrustworthy. The gap between demo and daily use was too wide.

VR/AR: Forever the Next Big Thing

Since the days of Second Life, virtual worlds have been just around the corner. Meta’s billions poured into Horizon Worlds promised another leap. AR glasses were pitched as the new smartphone. Virtual concerts were supposed to redefine live events.

Yet the mainstream never followed.

Virtual shopping malls looked exciting in demos, but consumers preferred the efficiency of simple e-commerce.
Google Glass became a cultural punchline before it became a product.
Virtual concerts drove headlines, but most fans never returned after the novelty.

The job performers didn’t ask for fully immersive digital lives. They wanted convenience, connection, and entertainment—most of which they already had in simpler formats.

3D Printing: The Factory That Never Came Home

For a moment, 3D printing was going to transform manufacturing and personal life. Every home would have a printer. You’d print clothes, shoes, and even dinner.

The reality:

Printing food was a gimmick.
Printing clothes never scaled.
Printing at home remained slow, messy, and limited to hobbyists.

Industrial 3D printing has real niches—in prototyping, aerospace, and medicine. But the consumer dream of replacing supply chains with desktop printers was fantasy.

Voice Assistants: Alexa, Where Did the Future Go?

Voice was pitched as the ultimate interface. You’d order groceries, manage your schedule, and control your home with nothing but your voice.

And yet, most people use Alexa or Google Home for weather checks, music, or the occasional timer. Voice commerce never took off. The home operating system never arrived.

Why? Because the jobs weren’t about talking to machines. They were about saving time and reducing friction. Voice wasn’t the fastest or most reliable way to do either.

The Pattern: Jobs Before Tech

When you scan this graveyard, the pattern is painfully consistent. These use cases were technology-first fantasies. The logic went like this:

New tech arrives.
Futurists imagine scenarios it could enable.
Corporates and media amplify them as the next inevitability.
Users ignore them, because the jobs they care about aren’t being solved.

What gets lost in the hype cycle is simple: customers don’t hire technology. They hire progress.

A blockchain ledger, an IoT toothbrush, or an AI emotion detector may look sophisticated, but if a sticky note, a spreadsheet, or a basic mobile app solves the job more reliably, the “fancy” tech loses every time.

Why This Matters Now

We’re in the middle of another hype cycle. Generative AI has ignited imaginations. Agents will do your job. AI tutors will revolutionize education. AI companions will redefine relationships.

Some of this will stick. Much of it won’t. And the deciding factor won’t be the brilliance of the technology, but the alignment with real, underserved jobs.

The risk is that companies repeat the mistakes of blockchain, IoT, and VR: pouring resources into what looks inevitable, rather than validating whether it solves an actual unmet need.

A Different Playbook

The alternative isn’t to ignore technology. It’s to reorder the sequence:

Start with the job performer. What progress are they trying to make? Where are they underserved?
Map the unmet needs. Where does friction, inefficiency, or frustration dominate?
Then consider technology. Old, new, or none at all—what is the simplest, most reliable way to resolve that unmet need?

Sometimes that will be AI. Sometimes it will be an old-fashioned workflow tweak. Sometimes it will be no technology at all.

The discipline is to resist the pull of futurist fantasies and stay anchored in the reality of human struggles. That’s where lasting innovation lives.

Closing

The graveyard of tech-first fantasies is not just a history lesson. It’s a warning. Hype blinds us to the difference between what’s possible and what’s valuable.

If innovation leaders want to avoid building the next smart fridge or blockchain lettuce tracker, the lesson is clear: progress before technology, jobs before trends.

Everything else is just another shiny tombstone waiting for its place in the graveyard.