Despite that, there is always an impetus to have something that can't be thrown open within a few seconds, in terms of consumer locks.
Master Lock is a brand well known for being absolute junk. While you can't keep someone out forever, only being able to keep them out for 30-60 seconds (the time it takes a common idiot to open your average Master Lock) means that they be very able to get into or steal whatever you're locking up.
Nothing is invincible to a person with good enough skills, but there is always a point of best compromise, where price, skill required to gain access, and time delay to that access make sense for whatever you're protecting. Buying a 300 dollar bike, and using a lock that only costs 12 dollars, but can be opened in 30 seconds by any moron with a hammer is pretty pointless, however spending 30-40 dollars on a secure lock, something with some security pins, and a locking system that can't be bypassed is still not a bank breaker, but will be a better idea.
You can stick your bike outside every day without so much as a zip tie holding it down, and have nobody steal it for a year, but it just takes one person in the right opportunity to take it.