Pretty simple. Many people have a desktop area already (with multiple monitors even) and many offices have workstations to plug into. If you aren’t going to use it outside those spaces, this can be a cheaper alternative to a laptop that’s actually more portable as well.What real advantage is there to it being smaller? You still need monitor, keyboard etc.
Yes, there’s caveats (not much use if travelling, could complicate meetings if moving to a different space) but it’s not unreasonable for an iPad to make up the difference in those cases.