Even if we don’t eat it, converting the plastics to something biodegradable would be a huge win.
It is not a matter of conversion. most plastics can be recycled or burnt cleanly. It is a matter of collection, sorting and operationg the recycling facilities at an economic rate. The last thing can be done easily. Just introducing a high enough tax on non recycled plastics would do the trick.
As always in capitalism plastic waste is not an issue that lacks technological means. What lacks is the economic and political will to deal with it.
Most plastics cannot be recycled, and produce disproportionately high levels of greenhouse gasses and toxic fumes when burned. Burying plastic in an encased landfill is the best way to dispose of it, otherwise it will end up in the water cycle. If we can feed it to mushrooms or bacteria, the world will get cleaner over time.
Landfills regularly leak. As the plastics are not decomposing by themselves, you end up with infrastructure that needs to be maintained forever. Otherwise you just move the problem into the future. And for plastics that do decompose somewhat in a landfill it is less controlled than in a dedicated recycling or disposal facility.
At the same time burning plastics at a high enough temperature and washing the exhaust gas, can effectively remove them from existence. The most common plastics like PET, PE, PP, and many more can be burnt cleanly, e.g. the only product will be CO2. Plastics like PVC need more dedicated facilities, but it is perfectly possible.
Landfills are always the worst option of waste treatment, except for just tossing stuff into the environment directly. We shouldn’t hope for some mushroom to eventually deal with the problem. The first step is to reduce the production of plastic wastes. The second is to deal with collection and recycling/disposal properly. Neither steps are taken properly in the current capitalist economy with externalized costs.