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> ... totally pointless and a waste of money and time

Sure. Most, but far from all. But let's look at the bigger picture. In the move-fast/break-things corner of the world they write simple software with basic functionality but do it at tremendous speed and sublime efficiency.

And then they go out of business.

So I guess most of lines of code written anywhere are a waste of time and money. But that's just how it is. A more interesting question to ask is how much money is wasted and how much is made by both kinds of software development. I don't know the answer, but it's certainly not clear cut.



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