From what I know it seems we're headed to about +3C (mean temperature rise above preindustrial). It's a pretty dire scenario. But it's far, far from "too little too late". It seems probably large parts of Earth will become difficult to inhabit (like e.g. Phoenix AZ is today) without things like AC, etc.. But that's very far from an extinction scenario or total doom.
Every little bit we don't emit today will prevent probably several decades up to a century of atmospheric warming before it's extremely costly to remove from the atmosphere back into some reservoir.
Reminder that some fossil fuel companies quite enjoy narratives of total doom and change being pointless.
The issue that is being taken is about "too little too late", which is being interpreted as "since even in the best case scenario we're going to have dramatic consequences, any action is going to be fruitless", the counterpoint being that the new best case scenario (which is not a good one because it is late to take action, and is mostly equivalent to what once was thought to be the worst case) is still much less worse than the new worst case one.
I don't really understand this "too late" failure of judgement unless you're assuming there's some end of the world style event coming no matter what we do.
No, it's just enormous amounts of death and suffering proportional to the amount of oil and gas and coal we keep burning and digging up every day.