The tinfoil hat treatment is due to the fact that these days everything that fits the mould of a conspiracy theory is dismissed simply for fitting the mould of a conspiracy theory. In the same time as this cultural headspace was being cultivated in the US:
A billionaire pedophile ran a covert sex ring with a suspected who's who of a client list who was almost barely prosecuted for "reasons™"
Social media companies caught red-handed psychologically manipulating users for various ends
Damn near everyone helping to destroy actual free speech and privacy willingly because they've been talked into it (ironic)
Governments that engage in mass surveillance so egregious if you had tried it 40 years ago there would have been an uprising. Aided by the tech community I might add.
Industries that abuse data and algorithms to manipulate pricing or commit outright fraud.
A pharma corp addicting countless americans to opioids with almost no real consequence, killing hundreds of thousands and ruining millions of families.
Several industries have poisoned the planet and its inhabitants in various long term ways for profit.
And yet if you suggest something is a conspiracy it is dismissed as the ravings of a lunatic. Speaking of conspiracies that doesn't sound like an accident... The trick to conspiracy theories is critical thinking and not uncritical dismissal.
If I have any words of consolation: when the "conspiracy theory" turns out to be more practice than theory you get to say I told you so.
Edit: typo