Earlier quoted context omitted.
The asset lost in this in this case is from the commons. That is, the ability to say "the ninth planet" or "the planet Pluto" without incurring smug harassment from legions who probably couldn't explain what the IAU is.
Rather ironic to complain about redefining a word by abusing another word beyond recognition.
In terms of financial motives, I would reason that a motive for extending the term “planet” to cover the innumerable large objects orbiting other stars would have been as a better sales pitch to Congress. Studying “planets” lightyears away was a sort of brand hack which would have driven more funding. And when the “planets” was established as comprising a virtually infinite set, rather than simply a list of 9 known objects, the nomenclature collapsed in its usefulness, which is why the IAU started looking for a way out of its own hole.
However, as the article here discusses, the IAU’s approach has pretty much failed. It doesn’t hold up to scrutiny as a thing that’s meant to be usefully applied. How exactly do you confirm that all of those exoplanets have actually cleared their neighborhoods, or is the truth that it never actually mattered to anyone in the field?
Have any scientists or agencies written papers or reported to Congress that they discovered or studied some exoplanet — using public funds — when in fact they had no way of confirming whether its neighborhood was cleared? It sounds completely improper to me, but the reality is that it never really mattered.