But there's still some really major issues with 2).

Do you think it would be fair to have the children of billionares to be much much more intelligent than normal people, let along the children of poor people? I'm not sure what the answer is, but its very worth thinking about. If you could grow an Einstein in a lab, imagine if all the Einsteins that were grown ended up being biased to Musk-adjacent worldviews.

This is really not simple