Mathematics is largely just smart people working on pointless puzzles, and only by coincidence do these puzzles turn out to have practical applications (it cannot be predicted). Or I guess all the obviously practical problems in mathematics have already been solved -- we're now in a world where math is rarely the limiting factor for human progress (like it was, say, pre-calculus; was FFT the last significant unblock from math?).
It's such a waste of the best human minds. Or maybe the best human minds are actually doing something else, maybe we only notice the handful of Terence Taos, not the hundreds of people of equal brilliance who realized pure math is pointless and decided to pursue physics, rocketry, or quantitative finance.