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Let's run with this premise for a moment and assume it's true. Let's assume that if we were smarter about how we run these sectors we could cut 90% of the people in them and still get the same benefits. What are the implications of that?
First of all, it would still be true that the service sectors are creating most of the wealth in the economy. It would just be fewer people creating the same amount of wealth. Which means these sectors would be creating even more wealth on net, because we are having to pay fewer people to get the same result.
And now we can potentially do even more R&D, IP, logistics, manufacturing, etc. with the resources that are no longer being wasted on useless employees. I would expect these sectors to use their efficiency gains to grow and contribute an even larger fraction of the economy's wealth going forward. Money spent on bullshit jobs can now be spent on non-bullshit job. People who worked bullshit jobs can now be retrained to work non-bullshit jobs.
So even if you are completely correct about this, it doesn't undermine the importance of the service sector. If anything, it shows that services could potentially be even more important to the economy than they already are.
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