Cheap led tvs were like 1/5 the cost of Analog TVs. The digital switch over really finished them off too.
Really it’s the size/price that did it though. My buddy paid I think $3k for a maybe 40” Trinitron in 99-2000. It probably weighed 200lbs. Looked amazing at the time but it was probably only months before big leds came out. Plasma might have been a thing then but we’re like $10k+
Being convincing and confident without actually knowing is how 9/10s of them make it to the C suite.
That’s probably why they don’t worry about confidently incorrect AI.