Well first off: letters to investors are among the most biased pieces of writing in existence.
Second: I'm not saying connectionism did not succeed in many areas! I'm a connectionist by heart! I love connectionism! But that being said there is disconnect between the expectations and reality. And it is huge. And it is particularly visible in autonomous driving. And it is not limited to media or CEO's, but it made its way into top researchers. And that is a dangerous sign, which historically preceded a winter event...