One answer is that the study of history helps us understand that what we believe as "obviously correct" views today are as contingent on our current social norms and power structures (and their history) as the "obviously correct" views and beliefs of some point in the past.
It's hard for most people to view two different mutually exclusive moral views as both "obviously correct," because we are made of a milieu that only accepts one of them as correct.
We look back at some point in history, and say, well, they believed these things because they were uninformed. They hadn't yet made certain discoveries, or had not yet evolved morally in some way; they had not yet witnessed the power of the atomic bomb, the horrors of chemical warfare, women's suffrage, organized labor, or widespread antibiotics and the fall of extreme infant mortality.
An LLM trained on that history - without interference from the subsequent actual path of history - gives us an interactive compression of the views from a specific point in history without the subsequent coloring by the actual events of history.
In that sense - if you believe there is any redeeming value to history at all; perhaps you do not - this is an excellent project! It's not perfect (it is only built from writings, not what people actually said) but we have no other available mass compression of the social norms of a specific time, untainted by the views of subsequent interpreters.