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quick Google search shows that the term has been in scholarly use for at least 50 years now and means pretty much exactly what "the kids" are talking about.


So we've been in the "late stages" for at least 50 years? Is there any sort of falsifiable hypothesis there?

https://books.google.com/ngrams/graph?content=late-stage+cap...

You can see from Google Ngram Viewer that there's almost no usage before the year 2000, and the vast majority of usage is post-2015. My guess would be that recent usage has only a tenuous connection, at best, to scholarly usage from 50+ years ago.




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