I didn't suggest that it was. I'm suggesting that this perspective on copyright is very myopic. Regulating copyright as if they are all culturally significant works is like regulating haystacks as if they consist only of needles.
The analogy doesn't hold. Not all copyrighted works are or will be culturally significant, but all have the potential to be culturally significant. We have no way of knowing ahead of time. It's regulating haystacks as if any individual straw may actually be a needle.
A work that isn't publicly shared by the author could be shared by someone else without permission. Copyright law does and should continue to criminalize this.
Literally everything "of value" that was ever published was unpublished for some period of time.
Also, people may keep works private not because they lack value, but for other reasons.
As a very simple example, a someone might take a racy photo for their own private use, not because it would have no commercial value, but because they prefer not to commercialize it. And there are hundreds of other reasons why someone might choose not to share a work with the world.