I have read the book this week (in German, so I might mix up some terms), and I don't think it's a Failure/Bad story.
The Overall story seems to be about "completing the circle": everyone is concerned about it, everyone relevant is either for or against it. The antagonist seems to be Kalden/Ty. Optionlock - ways of completing the circle.
Just from the overall perspective, the problem is that the antagonist does not really do much most of the time. In addition, it's kind of like Jim's analysis of "Children of Men" iirc, in that the last part is not shown. We don't see the completion of the circle, but we don't really assume that it won't be completed? It seems inevitable. It's also somewhat like Apt Pupil, in that it's an outcome/judgment that the audience does not agree with. It's clearly a cautionary tale with Success/Good.
I think the story has very little IC and RS, which leaves the story sort of... heartless? Furthermore, it seems to be written by someone who doesn't really know much about the theme, or the people he is criticizing. Strawmen everywhere, preaching to the choir, and a Main Character who does not think much further than two steps.