Well, it's good to have that alternative when your modern emergency broadcast app refuses to work because your year-old phone is no longer supported by the vendor, and fails the remote device attestation check needed by the ad platform that's used to monetize the app. Not that having a newer phone would do you any good, as the app login servers on the other side of the planet are no longer reachable.

Seriously though, AM radio is a very good compromise: it has the best set of features for emergency use, and none of the commercial lock-in and ad cancer bullshit that's consuming modern technology.