Asking that question is Mark O'Connell at The Millions. He makes a good point: it is kind of ridiculous how seriously people take these things, how offended people can get if their favorite isn't chosen. There's no way for one award to please everyone, to choose the one book that is truly, objectively the best--there is very little "objective" anything when it comes to art. However, for librarians these awards are pretty indispensable. You'll see plenty of posts on this blog, for example, about winners and shortlists. We use them when deciding what to buy, what to recommend to people, what to read ourselves. Maybe it would be better if everyone read all of the books and judged every one for themselves, but that's never going to happen.