The only people who care about efficient allocation of resources for the society are socialists and academics. Certainly CEOs with multi-million dollar annual compensations don't think they're contributing to allocation inefficiencies by negotiating their compensations. Neither do doctors and AMA, who we all love and respect. Neither do military leaders or politicians, who demand half the country's budget for military expenditures. Etc, etc.
Increasing the skill supply is the right thing to do if you're Google stakeholder, or broadly speaking, a capitalist. It's much more questionable if you're in the labor force.
