This presumes we can choose the right path without mistakes. It's a silly presumption.
And I think it's fine to be frustrated with stupid VC spending, but to the extent it is actually a problem, it shouldn't be sustainable (it would be replaced by less stupid spending if it were truly enjoining advancement).
And I think it's fine to be frustrated with stupid VC spending, but to the extent it is actually a problem, it shouldn't be sustainable (it would be replaced by less stupid spending if it were truly enjoining advancement).