Doesn't the LED going out after 2-3 years make it not only way more expensive (LEDs are easily 10x or more than a regular incandescent light), but also way less energy efficient and much worse for the environment?

These lightbulbs, while using less electricity, use much more energy to produce. And I wonder what with their substrates, if that isn't more difficult to recycle too. I'm not sure, and don't want to judge, but if both every efficiency and recycling are harder, then these bulbs aren't really energy and environmentally efficient.