Replacing GDP with an alternative measure

Read the following article about replacing GDP with an alternative measure (https://www.forbes.com/sites/jamesellsmoor/2019/07/11/new-zealand-ditches-gdp-for-happiness-and-wellbeing/#610909de1942). In your opinion is GDP an outdated tool for policymakers? Should GDP be replaced with an alternative measure? What are the pros and cons of the proposed new measures?