I strongly disagree on that point. Preservation of the internet is extremely important for cultural and historical reasons. Just look at the enormous amount of old websites stored on the internet archive and how helpful as well as culturally significant that preservation effort is. And that is only a drop in the ocean compared to how big the internet actually is.

Yes preserving stuff, especially video, takes enormous amounts of data and is hard but is well worth the effort in the end.

It's not his fault that his bosses and their bosses are fuckwits. Don't blame the common worker for the shit the company board does