However not a single industrial relevant material has been created in decades but hundreds of millions of dollars have been wasted.
The trouble is most of them cannot be manufactured at scale because they are some crazy metastable state that can only be achieved at lab scale. Further, when manufacturing at scale, materials will have impurities, defects and the properties of such exotic complex oxides are highly sensitive to such changes.
As a result hundreds to thousands of papers are published every year and nothing happens except the professors getting rich and graduate students graduating either unemployed or going to become software engineers. Another reason to remove the incentives to create PhD from slave labour.