Realistically yes, science and academia are loaded with "waste". The vast majority of questions there's nothing interesting or useful to discover. The problem is that we don't know ex ante which questions fall into that category (except you, obviously, you do know this, but just don't want to share the secret sauce)

And no I think people are coming back with "there are things we don't know that seem highly relevant to understanding and improving our population's wellbeing." The two ingredients to fixing a problem are knowledge and action and it's not scientists' jobs to be doing the action part, and while one could argue we have all the knowledge we need, a reasonable counterargument is that the only way we know we have the knowledge we need is when action is taken (and successful). And we're obviously not there yet.