Earlier quoted context omitted.
It's at least on par with, literature, music, philosophy, history, sociology, psychology, art, or any other "soft" subjects lacking of direct impact on people's lives. It's held to a higher standard than economics, but has less impact. As to math I would argue it's more meaningful than say topology, but less than other branches.
Your casual dismissal of half the central core of human intellectual enterprise over the last 4000 years raised my eyebrows, but when I got to your comment about topology it became clear you have no idea what you're talking about or are simply trolling. Either way, stop.
Semi conductor design by comparison is something few people directly care about but it directly impacts their lives increasing it's value immensely.
PS: History for example is important, but the study of history has fairly limited impact outside of entertainment for most people.