I feel like it just kills off young talent so much and especially just makes people who win ascension less rewarding (bleed)
Just to add, the point of ascension from an org pov is almost strictly about qualifying. Riot is almost certainly going to expand partnership slots, so orgs want to interact with Riot as much as possible so they get selected. That's my guess as to why you'll see a lot of ascension teams field rosters with under 18 talent or more than one import (à la JDG). Even if they know their roster will be worse after they qualify, they still want to get that 2-year contract.