I'd argue that the reason for people to do any sort of productive work is to be able to spend it on such "distractions" (as you put it) like Taylor Swift concerts and sports events.

Think about these fantasy sports gambling apps, your coworkers who distract themselves from the drudgery of work by discussing sports, the financial institutions that take a transaction fee from money being passed around, the infinite scroll of content on social media, all because of athletes.

Not me, I spend nothing and invest it all, but all these investments are basically leveraging what society truly wants, among which is leisure and art.

Functionally, as a curmudgeon, my value to the economy is near zero.