Credentialism is dying, and we already know that below the API careers are being rebased on algorithmic gamesmanship, ratings and the like. This is probably going to be better than industrial on-the-clock laboring conditions in the end, even if transients sometime seem worse.
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It’s not quite a Ponzi scheme, but the bulk of the potential of a formula will accrue to the first cohort to adopt it. So understand the formulas you see being swarmed all around you, but remain aware of the shelf-life, and keep an eye on the expiry date.
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If you want to get off the treadmill of chasing one formula/system/playbook after the other hoping to get lucky, stop paying so much attention to how other people are winning or losing, and start paying direct attention to things that interest you. Let your own daemons guide you.
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