No, this is your assessment of user experience. It’s opinion, not fact. Perhaps some $50 wired headphones sound better but different people value different things.
For a long time I thought “pft what’s the big deal with AirPods, I’m fine snaking the headphone cable down my shirt when I go for a run”. Then I bought some on the recommendation of a friend. For me the user experience is far from substandard — it’s great. The charging case means they rarely run out of juice, the tap to stop/start and Siri is great for running, they sound good, I can walk around the kitchen while cooking with them paired to my laptop, I find them comfortable, etc.
Fashion: I don’t care. What I’ll look like didn’t factor into the decision to buy them at all. As it happens I can easily afford them but didn’t buy for a long time because I don’t like to spend frivolously.
In short: just because you think AirPods (or Apple?) sucks doesn’t mean others don’t find them valuable.