I don't think this is a fair comment. Theres an enormous tradeoff to make when compressing game assets, and uncompressed game assets are _absolutely enormous_. My current project has about 30 people at the moment. The game content is ~50GB, the client itself is ~4GB but the source substance files/fbx files/photogrammetry assets are tipping on 500GB. We're a _small_ AAA game. My previous project was closer to 500GB for the game content, and the source assets were multiple TB.
Tools like Oodle are third party licenses that need to be considered. Most games are compressing but switching to better compression methods can make the differences shown. Theres still huge tradeoffs to be made though. Most GPU formats for consoles require platform specific texture formats, and some of them don't compress well (hello dxt). You might have to trade a 20% file size reduction for a 30 second increase load time. Is that worth it? Maybe.
Either way, it's not just "dumb Devs". We care, we work hard on this.