Not GP but attempting an answer.
It really depends on the perspective you're looking at the situation from. If you're concerned with better competitive advantages and the final bottom line for company X or Y, in this current market, in the short term, sure, that sounds amazing, sign me up on that moon rocket!
If your concern is a bit more hard to quantify, for example maximizing human potential, allowing individuals access to high quality technological infrastructure so that we may develop as a species and reach new heights, then you might feel like this approach is a bit short sighted.