You missed his point. He was just saying projects don't start with this intention. He agreed that projects can definitely morph into this. You have to be a pretty weak exec if you can't find projects to kill this way and have to create them from scratch.

I will agree a lot of projects are created with the thought "sure, why not gamble on this.. if it doesn't work, we can just dump our people."

I guess it's a pretty fine line.