Au contraire. If you look at 1000s of problems and burn a mountain of tokens, you are bound to find some rare cases where everything was already there but nobody put it together.
Have you read the paper? I have, and it is very much not the case of what is going on here. There are multiple deeply clever bits in this argument. If this were written by a human, it would be recognized as highly insightful. Moreover, you are also missing how much what human mathematicians often do really does look like what you are dismissing. I've worked on hundreds of problems, and gotten successful results in maybe 5 or 6 of them. If someone dismissed humans under that basis, you'd recognize the problem.
And if you read the raw output of the AI, it looks a lot like what human mathematicians do. We try one thing. It fails. We try to look at a related theorem; doesn't generalize. We go check a few cases; doesn't give much insight, so we rope an undergrad into writing some code for us to go up a big more. Then, we're sitting in a seminar on a completely different topic, and trying to pay attention while the speaker does a really poor job explaining their research, we're like "Hmm, what if I tried to combine it with that other thing we saw 2 years ago." That still doesn't work. But then six months later, you bash your head against the problem a bit more trying to use some sophisticated representation theory results, and then you are falling asleep and you realize that other thing from now 2.5 years ago combines with a pattern the undergrad mentioned in the data that you didn't think was important, and you get a result. Mathematicians work by trying lots of different things on lots of different problems.