My expectation would be that they’re more central and less time-consuming than most airports. Then again, my experience with bus stations so far has also been that they’re even less inviting places than most airports and not usually as well connected either.
I don't hate the ride on Amtrak, but it's a hard route to sleep, since it's just a little too short to be worth booking the sleeper (which ends up being about double the rate compared to the bus ride), and sleeping in the open cabin can be a bit of a challenge. That, and the roads are at least capable of allowing for some routing around, unlike Amtrak which frequently hits freight traffic and has a pretty abysmal on-time reputation for the Coast Starlight.
Not all of us are in a rush, and most of us could use a good night of unplugged sleep. Plus it shaves off a night in a hotel, so there's actual savings there too.
It’s clearly got issues, but they don’t need to replace aircraft to be a profitable business.
As someone that regularly travels between LA and SF, I would rather fly Delta at half the cost and a fraction of the time. Time is money, and it doesn’t make sense to charge more for an 8 hour bus than an hour-ish flight, especially when the majority of travelers would rather get from point A->B as fast as possible.