We used to have a bread maker and I would agree with your assessment. Not to mention; is it really that hard to make bread by hand? Genuine question since I've never made a loaf by hand. But I do make biscuits (American) fairly often and they're not that hard.
It's easy, but time consuming. The idea behind the bread machine is that you chuck in the ingredients 5 minutes before going to bed, and have freshly baked bread waiting for you when you wake up.
Quick breads (baking soda/powder) are pretty close to being as easy as a bread maker. Anything with yeast though (even no-knead recipes) require multiple steps, including appropriate temperatures for dough to rise. As the sibling post says, it's a lot more fussing around than dumping some ingredients in a device and closing the lid.