This new reality not only wastes intellectual talent, but also a significant amount of money.

I would guess it just wastes a huge amount of money and usually ends up giving the same result.

In fact as pointed out we wasted a large amount of public and private money with absolutely no chance of winning.

You have annoyed me by wasting a considerable amount of my valuable time.

"And I have to waste a certain amount of time sleeping."

And it is wasting a huge amount of money.

"I'm going to tell him we've been fishing in the air, wasting an enormous amount of time and money searching for an illusion."

Women can waste a huge amount of money experimenting with makeup.

We waste an enormous amount of natural, renewable energy.

We waste a tremendous amount of energy every year.