People are willing to pay for gas. They're willing to pay people to drill the wells and design and build the refineries. They're paying people to lay the pipe. They're paying business people to say, "Keeping track of all that data is hard and expensive, let's build a web app to manage that, lower our costs and become the best oil and gas company on the market."
So CRUD apps get built. Some of them are useless. Some save companies millions and millions of dollars. But on average I'm willing to assume businesses come out ahead with this whole "in house software" trend. Because I've personally built smaller pieces of CRUD software in house that has saved Nicole and Monica in accounting from weeks of dull spreadsheet work.
Of course, responsibility for actual products gets lost when you go through eight layers of management. Lots of people are pretending to work because it's enough to fool the VP who might come strolling by. But on average it must be working to some extent because I can buy gas and my car runs.
Why do you say you think society needs very few artists and creatives and visionaries? I say we have too many people writing the same CRUD web apps (and usually, if the numbers are to be believed, having their projects killed, before or after launch). Artists at least produce something.
Many have tried, and then they go back to their boring useless desk jobs because they have a mortgage.