I think in this day and age of easily transmitted misinformation, strong comprehension and critical thinking skills around the things we read is more needed than ever, actually. It's not just about reading books, it's about how we consume information and how we interpret that information - of course STEM courses do require this skills too, but largely when you're reading a technical resource for a STEM course you can assume the contents to be true. A lot of humanities focused courses teach you how to draw your own conclusions about what is true or false based on a variety of sources. That is definitely a valuable skill, no matter how you swing it. If you think about the course content uncritically (that they are just reading books) it's easy to see why you would miss the value there, but it isn't the "reading books" that is the learning, it's the way those books are interpreted and critically read. (And it goes without saying, but nobody is reading Harry Potter at degree level.... I assumed that was obvious.)
I did an arts degree, in a subject most people would assume would be completely pointless - Game Art - but I learned how to use complex digital software for 3D modelling and game development, worked on creative projects, and have a successful career in the video game industry. You could argue my role comes under the Technology in STEM (I would agree) but the point stands that I still did what would be fairly unanimously considered to be an arts degree (I didn't write a dissertation, or sit any exams).
As for a lot of people that work in the arts, we work in entertainment - your world without art, music, film, tv or games - without archive and the ability to learn form history in the forms of galleries, libraries and museums, without fiction - that sounds like a worse place to live, for everyone, STEM graduates included.
Yes - it's a higher risk pathway, and arts and humanities students skew to be from more privileged backgrounds (when you don't have to worry about supporting yourself and your family, you can afford to take more risk in your career) I don't want to downplay that. But it being higher risk doesn't mean people don't have successful and impactful careers - plenty do. (In fact, i'm passionate about making creative careers more accessible to more people) I will give you the benefit of the doubt in assuming that it's the frustration at the privilege of being able to aspire to a higher risk career that made you write this.
From your post history it's clear you place a high value on AI - and while I think there's a place for AI as a tool to support people in their careers - I should be clear that I think it is most valuable as a tool to be used to aid and not as a replacement or substitute for a real person - else we risk recycling the same ideas that have already been thought up for the rest of human history, without ever creating something new, not to mention that AI is often less than perfect in it's outcomes, and can very convincingly misinform.