So please explain how that AM broadcast station will let you fly an IFR approach, unless it happens to have its broadcast tower located on the airport runway, which seems unlikely.
Can you triangulate between multiple broadcast stations? Yes, if you have some sort of steerable antenna, but the accuracy probably won’t be sufficient for an IFR approach, and you will want some automation that doesn’t exist yet. If you have to develop something new, maybe it makes sense to use a better method.
So yes, the geeks are indeed “ruining” a concept that doesn’t work and suggesting concepts that might.