Traceroute is a useful tool on your own network where you know how traffic should travel. You can use it to test and troubleshoot problems on your network, e.g. discover where a routing problem is.
it is not actually trustworthy on a network you do not own. Some ISPs look for traceroute packets and reroute them in order to prevent casual network discovery. Running traceroute on the public Internet, where packets travel through multiple ASes, is a fool's game.
You seem to be looking at this from a home routing (off-topic) perspective. Many businesses (on-topic) have very large networks, and traceroute is a useful tool to have in the toolbox of a network engineer.