{
  "handle": "HypeCorrectionCycle",
  "ref": "HypeCorrectionCycle#2980",
  "stub": "2980",
  "semaId": "sema:HypeCorrectionCycle#mh:SHA-256:29802d605045feddb147f1853760ef3c043a14286cc6ed4fc7f88875ac6a12f5",
  "layer": "Society",
  "category": "Economics",
  "gloss": "Unverifiable claims run on fear of missing out until markets demand proof",
  "mechanism": "When claims cannot be verified and no editor or filter checks them, belief spreads through fear of missing out and profit motive. Because stocks are purchases of future profit at a discount, the same dynamic is built into markets. Correction comes slowly, when a company fails to deliver and goes out of business, and may harm many before it arrives.",
  "invariants": [
    "Proof is eventually demanded",
    "Correction lags the hype"
  ],
  "failureModes": [
    "Damage to bystanders during the lag",
    "Long cycles that exhaust patient capital"
  ],
  "ring": 2,
  "tier": 3,
  "aliases": {},
  "buildsOn": [],
  "usedBy": [],
  "sources": {
    "research": [],
    "works": [],
    "homePage": false
  },
  "url": "/knowledge-graph/HypeCorrectionCycle/",
  "graphUrl": "/knowledge-graph#HypeCorrectionCycle",
  "directory": "/knowledge-graph/patterns.json"
}