fully agree, think what you're saying is a misread of my comment. GP said "literally everyone says this thing is bad." My comment was "Well, clearly there were people not telling them [or else they'd probably have stopped short of $500,000,000 in expenditures]".
Your comment is a mechanistic explanation of the failure mode, which again, I quite agree with. I worked at PwC for a couple of years; quite corrupt incentive structures and quite a dysfunctional organization because of it.