Even if it is bad, other options are substantially worse.
First, the main website that took into account preferences (OKCupid) is almost gone, Tinderified. And Tinder itself does not look at preferences at all. If you are a type of person who dates people randomly met on a bus stop or in a bar, it may work for you. If you expect any more, it is a lottery.
Second, only a small fraction of people who are looking for partner(s) are active on any dating apps. At the same time (anecdotally) a lot of people meet at a party organized by a friend, or through some special interest groups (i.e.: common friends, social groups or interests).
Side note: I already had quite a few great dates with people I met on Facebook (first interacting on some groups). Then, with common interests, seeing how one interacts in public, and potentially - common friends, there is a much higher chance to have commonalities. Plus, they are more than a "business card".