The expression signifies an unrealistic or fanciful notion, a promise of future reward that is unlikely to materialize. It commonly describes promises or hopes that are considered unattainable or merely wishful thinking. For example, claiming that everyone will soon be wealthy without a concrete plan can be viewed as presenting a pie in the sky scenario.
The phrase’s value lies in its succinctness. It effectively communicates skepticism regarding ambitious or utopian proposals. Historically, the saying gained prominence in the early 20th century, often associated with criticisms of religious promises of rewards in the afterlife, particularly those used to justify hardship in the present. It offered a pointed way to question the value of enduring present suffering in exchange for a potentially nonexistent future benefit.