But eventually I think we will get there. Human drivers will be banned, the roads will be exclusively used by autonomous vehicles that are very efficient drivers (we could totally remove stoplights, for example. Only pedestrian crossing signs would be needed. Robo-vehicles could plug into a city-wide network that optimizes the routing of every vehicle.) At that point, public transit becomes subsidized robotaxi rides. Why take a subway when a car can take you door to door with an optimized route?
So in terms of why it isn’t a waste of time, it’s a step along the path towards this vision. We can’t flip a switch and make this tech exist, it will happen in gradual steps.