Saying that we should abandon GMOs because they currently have certain problems, is like saying we should have abandon the car because of its safety issues instead of inventing airbags and seatbelts.

Stop that.  Yes, the technology can be used for evil like most technologies, but if that makes it inherently bad, then horses are evil because Genghis Kahn used them, very successfully I might add (actually in a lot of ways he was a pretty cool guy, believed in the rights of women, religious freedom, and meritocracy rather than inheritance… that said he was a scary motherfucker… but also really romantic)