That’s one way to look at it, if you’re looking to downplay the human impact. The way I look at is these companies had a short sighted hiring spree and now thousands of people are without income and can’t just get a new job as the industry is laying off everywhere. That seems like a reasonable source of panic for the people with no income and not a lot of prospects.
It only takes about a tenth grade level of understanding physics and chemistry to make a decent device from scratch. With the access Americans have to over the counter explosives (tannerite) and arduinos you only need enough of an education to know how to copy and paste code. Relying on people being uneducated isn’t a good strategy because these things are extremely easy to make. I work with some people that I question whether or not they can read who build effective devices with little to no effort.