Ask HN: Why are status pages so useless?

Serious question. Almost always, if I run into an issue on a platform, and I check the "status page," there is almost no useful information (or any information at all).

Is it just companies don't want the black eye of acknowledging otuages or problems? Or, is it just one of those boxes companies tick? 1) Create a product, 2) Create a Status page, but in reality, when problems occur, no one is thinking about updating status pages; they are busy triaging and fixing the issue?