Its quite incredible.
http://www.ted.com/talks/manu_prakash_a_50_cent_microscope_t...
Completely disregarding the years of effort poured into developing a paper lens, etc., you simply dump the innovation into the "not very clever" pile?
When I said "paper lens", I meant the idea of embedding the lens into the paper.
Throwing it away is optional (these foldscopes are quite durable).
I think your criticism can be applied to any consumer good, since all consumer goods eventually end up being thrown away.