It doesn’t seem completely crazy to me that it would be better for money to go to successful projects than just be sprayed like a fire hose in hope that you land a Facebook or Google sized moonshot.
Of course it sucks for the people that lose their job, but presumably that money should go towards sustainably growing things where they could work.
I’m genuinely unsure because I wasn’t persuaded to try to stop eating meat until someone came along and presented as something good for me in a persuasive way. All the extremists ever did was force me into a corner where I’d strike back out at them and not really give a fuck.