what is so great about Saturday Night Live?

i hardly watched it except for a handful of times online, because i don't find it funny. sometimes Jay Pharaoh's skits gets a laugh but that's about it. MadTV and In Living Color were much funnier. But SNL has been around for a long time. i look at old skits with Eddie Murphy that was funny. Is it just white people humor because even the black people aren't funny, but they are funny on other shows. it's like don't offend the white people skits especially the black empowerment skits that don't talk about anything of substance just stereotypical stuff like mocking the black panthers or the bringing down the man type stuff.