I can empathize with where he's coming from. Still, this, OTO-413, RL-81,Gateway Biotechnology, and Hough Ear Institute's Pill are all interesting research, and to say that in 20 years there is no hope for anything is drastic, especially without looking at the research. Trobalt also has helped people on Tinnitus Talk, so to say it was a complete failure is wrong. It was dangerous, that's for certain.
At the very least, if this works as intended, those with mild hearing loss on lower hf ranges will be able to restore it, and alleviate some of their tinnitus, making it less likely that people will just ignore it as they do now. This will inspire more people to acknowledge that noise can cause damage on the hf band, and hopefully lead us out of the dark ages of Audiology we're in right now.