Yea here's the problem. The dumbest people you know are in charge right now. No I don't mean they're literally the stupidest by definition.
What I mean is that we created a system of nepotism and wealth so that many positions in both government and business are occupied by people WHO NEVER REALLY HAD TO LIVE IN THE REAL WORLD.
This is a major problem. You cannot adequately govern or make decisions that affect everyone's lives when you have no earthly idea what effect you're having.