The sad truth is that it is because while we all appreciate hard work and a good job, that isn't what is needed to move forward in the world of business. Creaky leaky products held together under the hood by scotch tape and string are fine. You don't make more money having a better product. A more performant tool. Better benchmarks. End users, aside for writing tools for other engineers, don't care. They really don't. Word 95 probably opens faster than word today.

Management has realized this. Hey I can outsource to bangalore/hyderabad/east europe/ai, get something that barely works, and just market the crap out of it. Look at the sort of companies, products, and services that dominate markets today. These aren't leaders in quality or engineering. They are leaders in marketing. Marketing is what sells. Marketing can sell billions of steaming turds. Nike shoes are pieces of shit but it's marketing that makes the brand and provides all value in the stock. The world doesn't value quality. It values noise and pretty feathers.