Same principle, reducing water activity (aw), is how Nutella keeps fresh for so long without refrigeration: its water activity is even lower than honey. Most bacteria need an aw of around 0.85 to thrive, Nutella’s aw is around 0.4, honey’s around 0.5-0.6. Peanut butter is 0.7, so it stays fresh for relatively long, too. Here’s the definition of water activity from FDA: https://www.fda.gov/inspections-compliance-enfor…
Probably just as well (invoke some kind of anthropic principle here if you like) or we'd have, say, fungus there can quickly eat dry things and storing food or building anything with longevity would be much harder.