If you think there is no grift here, then maybe it's your first hype bubble.
Sure, if you're talking about rubes who just got off the bus in the big city, then perhaps there's a point buried somewhere deep in the pile you're pushing. But is that who you think the HN audience is? Admittedly, talking to you, I can't rule it out.
But it's tinfoil-hattish to claim that projects like this and the PR about it is part of a "grift". You're squinting hard to be able to see what you want to see.