Correct.
It means that the population of this country relies heavily on the opinions of heads of publications, heads of corporations and focus group tested celebrity tweets to make decisions on who they should vote for to run their lives.
This, in turn, means that our elections are completely meaningless. The win goes to the richest candidate.
I think it could matter in some cases. Like if there was a local election and I didn’t know the candidates very well but one was endorsed by the NAACP, I would be much more likely to vote for them.
I agree however, that for such large elections where everything is very publicized already, these endorsements don’t do much. However, if it gets one person to vote that’s positive.