It's worth publishing somewhere because PhD students need to graduate. And there are many PhD students because it's a ticket to industry labs. And because many professorships around popular topics were created. Those people need to graduate, so there have to be papers. Blog posts don't let you graduate. A good arxiv paper that just got rejected for unfair reasons, but otherwise gets a good community reception can still count towards your graduation if you have a sensible advisor.
Not sure if you understand how the sausage gets made. People won't spend effort at scale (there are always exceptions) on stuff that's not incentivized, such as blog posts. If you work on something, the goal is to make it count. But if you fail on that, arXiv is a second best option.
Also, papers that get published at conferences also get out of date pretty fast anyway. That's just how fast moving fields work.
But things may end up moving the way you are saying, as long as incentives keep up.
Journals (1-2 years) -> conferences (6 months) -> arxiv (weeks to write once the work is done, then days to publish) -> next thing (immediate AI writeup, code, results, tests, open scripts, weights, full reproducibility, full access allowed for other AIs to scrape and learn from, and reorganize and recombine on a speed of days or hours from result to adoption)