Like seriously? Do you think all of us PhDs just sit around and laugh about how dumb the government is while planning how we can make more useless papers? Do you think grad students just train to become better bullshitters? Like what kind of hole do you live in where any of that even appears close to reality.
Seems to me you just tried reading a couple papers, got confused, and decided to justify your own intelligence by claiming their hard work and advancements in the field were pointless.
> but they don't actually need (nor often want) to produce any result
Stop talking out of your rear end. I want to produce a result. My advisor wants to produce a result. We all want to have meaning in our lives.
EDIT: As just a casual example of the importance of academia, look at the Deep Learning boom. First researched around 1960, only now becoming practical and useful. It's almost as if the things academics study need time and a lot of work to actually come to fruition. Research level study is highly expensive for very little real gains. This has always been the case. It takes a long-long time for the investments into research to make sense, but when they do, the advancements are completely game-changing.