Wayland solves a number of other problems than phones and laptops. It modernizes code left over from the dumb terminal world. It also should be pointed out that the dream is not dead. Another project (hopefully Gnome) can pick this up, so the effort isn't lost.
Which dream is not dead? Wayland? It's definitely not dead, as Wayland has both GNOME and Red Hat behind it. Ubuntu decided to roll their own (Mir) instead of also going with Wayland.