1. It's a user facing bug if I have to purchase a bigger laptop because someone decided to get the smallest element of a list by typing list.sort()[0].
2. It's a user facing bug if the use of my app heats up their phone, drains the battery, and leaves someone stranded w/o a way to get safely get home on a friday night.
3. It's a business facing bug if my AWS bill is in the hundreds of thousands per month when I could be paying a mere 10s of thousands. (This is more common than you'd think)
4. It's a user facing bug if a sudden increase in traffic (due to my product being featured somewhere) takes down my services and results in lost sales and brand damage.
I understand your point, it's not necessarily a problem if a backend feed is taking 45s instead of 30s, or if the the text input subroutine for an interactive app allocates.
As far as I can tell as a software developer and daily computer user, people aren't erring on the side of making their software too fast.