I don't think this is the case at all, maaaaybe it's a tad cynical in tone, but I think overall it's a pragmatic and realistic view of software engineering, ESPECIALLY web development.

I say that as someone who is been in the industry since just before the first .com bust, and have seen a lot of this cycle.

No offense, but you have probably not been in software development for 25+ years.

I've been doing web dev for 30 yrs and it's kind of funny to see everyone inventing server side rendering, plain old html and php again. It's a spiral, not a circle and we're a bit wiser and performant this time, but much of it has been done and gone in some way or another.