Sure, if you want to innovate in the field of academic AI, you probably need to know much more than how to throw some data at a neural net. But there are SO MANY problems supervised learning can solve out there - much like there are so many people and businesses who need a website done.
It's a tool, like any other - and right now it seems very hard to beat. So please go ahead, learn how to use it, and apply it to your own problem domain.