This has been a long time coming. There is an infamous MathOverflow thread about the proof (also linked in the article), with the following comment summarizing the state of affairs ~10 years ago: > There is no other evidence. In fact there is absolutely no evidence what so ever. I have never met a mathematician who could convince me that he or she understood Freedman`s proof. I attempted to read that monstrosity of a…
This is more due to the inability of promotion committees to capture the usefulness of scientific work than due to the uselessness of this for science. Sure, if you have nothing else to show for yourself, it might be bad for your career. But I feel like people who work in academia already forego many career opportunities. That being said, you still need to put food onto the table. But posterity will remember you. Tod…
I don't have an opinion myself on whether it was a mistake to spend more time on it, but you can clearly see professional mathematicians deciding not to work on something "important" for the legitimate reason that they thought it was unsalvageable. If that's correct, then a promotion committee should penalize people for doing it anyway.