You can't judge the value of a project by how smart or hardworking the people on it are. Doing a brilliant job on something inherently futile just means you're *really good* at wasting resources.
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3.) really good execution of a product nobody wants is the canonical example of futile efforts by smart hardworking people.
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4.) I don't know that much military history, but afaik "the soldiers were brave and hardworking" is *really* no guarantee of victory. In war, good people doing good work on the wrong thing just leads to dead good people.
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