Yes, because you can't have all 'desirable' skills rolled into one person; they may conflict There are skills that work better with a low IQ as in, for example, methodical, repetitive tasks where they are working to their capacity whereas a quick, imaginative mind would soon become bored, agitated and, ultimately, unproductive. A well-functioning society is the sum of many diverse parts. We all have a niche. Academic people can't work to their full potential without manually-skilled people and vice versa; they are of equal value in societal terms.
It doesn't matter whether my child has high or low intelligence as long as they feel fulfilled.