It's so much worse than waterfall. Every "agile" shop I've worked at still had deadlines 6 months out, they just didn't give you any time to design and estimate our the work because it was "agile". They were all twice as process heavy and had twice as many meetings as the shops that didn't call themselves "agile".
Yeah instead of defining where we need to be in 6 months and the steps needed to get there, we micro-focus on the next 1 week of work.
It's almost like Manhattan projecting your own team, except theres no one who actually knows the full picture. Amounts to short term "wins" and constantly missing the actual target.
