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Just the boring one: That all the exciting conspiracies (and other stuff like "culture wars") are there to distract from the banal reality of most people and the world being exploited by a few selfish assholes.
You don't need a shadowy conspiracy when you make it legal to bribe politicians and write the laws for them. It's all done out in the open. Regulators and board rooms have revolving doors for the same few people, and they all make insanely disgusting amounts of money while the rest of us suffer.
I'm not saying a few people fucking over the rest is a conspiracy theory.
I'm saying that all those conspiracy theories people love to discuss are pushed to capture the attention of those people and have them think they're involved in something important and spend all their energy on that, so the assholes can keep on fucking them over without much resistance.
It's interesting that the big "revelations" of conspiracy are things we jokingly referenced and always kind of knew:
Movie executives forcing women to sleep with them or be sexually assaulted to be able to work in the industry.
The catholic church sexually abusing children and covering it up.
Buying votes and Supreme Court judgements.
So what are we joking about now but not doing anything about? Russia owning an entire political party through blackmail? The Left is indoctrinating and grooming kids into thinking that their assigned-at-birth gender might not be their real gender and that non-heterosexual and nonmonogamous relationships are as legitimate as those Ordained By God and that pregnancy planning, prevention, and terminating is a women's health care issue between them and their doctor and nobody else (I mean... yeah. I guess that conspiracy is openly true and not really a conspiracy but an openly stated goal, and not that we should be trying to prevent or stop it).