Not at all. It is a quite valid theory. One can decide whether a higher power created that life or whether it arose of its own accord - just like we do and debate about now.
No, it is not a valid theory, as I pointed out, it still does not answer the question of how life started, it avoids it, as if somehow life could start spontaneously on some other planet but not here, or even worse that it could start on some frickin' comet rushing around in a vacuum, without water, oxygen or other life giving nutrients. It is a BS argument and if you can't see that you are blinding yourself to reality.