Not to be super cynical, but it’s mostly always been this way.

Super rich people are so divorced from reality the 99%(or pick whatever % you like really) experience.

The particularly annoying thing about the current hysteria is that people believe them. A huge portion of the economy is getting swept in large-scale fraud, hardware prices are 3x~5x higher, and there are no shortage of adherents who won't shut the fuck up about their imaginary revolution.