It's dysfunctional, like a human version of the "paperclip maximizer" AI: https://wiki.lesswrong.com/wiki/Paperclip_maximizer

Musk with his personal space programme at least makes "sense" of some sort. Imelda bought more shoes than she could wear in a lifetime: that's dysfunctional.

And it came with a real human cost. How many human QALYs did that collection cost the Philipines? Or, more personally, how many dead children is a Picasso worth?