I strongly believe that LHC was a *wonderful* project and it was fantastically successful in terms of discovering the the Higgs Boson, thoroughly testing the standard particle physics model, as well as testing a range of non-standard particle models. By any scientific standards, LHC has been a really great and worthwhile project.
The problem for particle physics however is that the standard particle physics model passed every single test at LHC with flying colors, whereas all the non-standard models that were proposed which were expected to show up at LHC didn't show up at all, and nothing particularly "new" and exciting was found. These experiments have created a crisis in particle physics in terms of justifying the building of the next generation of particle colliders. It makes justifying the expense rather difficult. Since the standard particle physics model is now complete, there's no guarantee that a new collider will find anything new that we don't already know. That has become a serious problem. This recent article by Sabine Hossenfelder pretty much sums up where things stand in the world of particle physics.
Backreaction: The Multiworse Is Coming
The problem for particle physics however is that the standard particle physics model passed every single test at LHC with flying colors, whereas all the non-standard models that were proposed which were expected to show up at LHC didn't show up at all, and nothing particularly "new" and exciting was found. These experiments have created a crisis in particle physics in terms of justifying the building of the next generation of particle colliders. It makes justifying the expense rather difficult. Since the standard particle physics model is now complete, there's no guarantee that a new collider will find anything new that we don't already know. That has become a serious problem. This recent article by Sabine Hossenfelder pretty much sums up where things stand in the world of particle physics.
Backreaction: The Multiworse Is Coming
Fact is, we presently have no evidence – neither experimental nor theoretical evidence – that a next larger collider would find new particles. The absolutely last thing particle physicists need right now is to weaken their standards even more and appeal to multiversal math magic that can explain everything and anything. But that seems to be exactly where we are headed.