My industry is severely impacted by filter bubbles so investors and customers often don't realize that much better, cheaper, more efficient solutions exist and some of these investors may even intentionally turn a blind eye because the market doesn't seem to care that the incumbents are wasting millions.
The industry has become so detached from value creation that market caps seems to fluctuate randomly and not affected by any decision or any activity of market participants. My industry is quite an extreme (and obvious) case, but I feel that the rest of the economy is in a similar state.
A lot of investors and users are focused on unproductive incumbents and completely missing the real innovation which is happening because of the noise that the incumbents create.