I guess I have a very different experience. I consistently found that online dating (especially Tinder) felt, for lack of a better word, fake, and weirdly like job hunting only worse. The only reason I ever bothered was because nobody seems to do the kinds of things where people used to meet their significant others anymore. People can't even be assed to make plans these days for fuck sake. Personally, I find the whole thing so tedious and terrible that it isn't even worth it.
And in my experience I've met my current and loving partner on an app, as have many of my friends. The fact that the majority of couples now meet online (it's actually higher than my graph says, as it counts people who link on an app and then meet at a bar as part of the bar and restaurant category) must mean something is working, for large groups of people.
I mean, I guess? I find it nice having a dedicated channel knowing the person on the other side is single and actively looking for some sort of connection. Treating it as a spontaneous connection the same way you would meeting someone at a coffee shop to get to the first date stage seems to work fine.