There are those who argue that alternative solutions which gives primacy to growth should have been adopted. As an economist I am not quite sure as to how this can be done on a sustainable basis. Economic management involves trade offs and choices among various competing demands.
Of course, what I know from experience is that, often, there are industries where the current players may not be the dominant future players. What is important, of course, is regardless of who is doing it in the end, it is all better for the economy and the consumers.